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Lyceum s Dolorito, Arellano s Sinuto named NCAA volleyball week s best
Lyceum of the Philippines University and Arellano University are on a roll in the NCAA Season 99 volleyball tournaments, thanks to the heroics of two rising players as both squads extended their streaks to climb the ladder in the second week of play......»»
Powerball jackpot soars to a whopping $532M
The Powerball jackpot continues to climb, reaching an estimated $532 million after no tickets matched the winning numbers in the latest drawing on Saturday night......»»
Powerball winning numbers for 03/09/24: Jackpot rises to $521 million
The Powerball jackpot continues to climb, reaching a staggering $521 million for Saturday’s drawing after no jackpot winner in Wednesday’s drawing. The winning numbers for.....»»
Stock traders to keep track of inflation, earnings data
Investors will keep a close eye on the country’s inflation data and the release of more corporate earnings results this week to serve as catalysts for a potential climb back to the 7,000 mark......»»
Carcueva reigns
Jonel Carcueva was a monster on the Sampaloc climb in capturing his third straight Men’s Elite road race crown in the PhilCycling National Championships for Road 2024 yesterday......»»
Stocks climb ahead of January inflation
The stock market started the week on a positive note as the main index stayed above the 6,700 level ahead of today’s January inflation report......»»
Gin Kings brace for formidable Beermen frontline
Barangay Ginebra head coach Tim Cone underscored the “tough mountain to climb” as they face a frontline of reigning PBA MVP June Mar Fajardo and import Bennie Boatwright in the semifinals of the PBA Commissioner’s Cup......»»
Davao floods, landslides: Affected families climb to 44,888
The number of families affected by floods and landslides in Davao due to heavy rainfall spawned by the shear line has ballooned to 44,888......»»
Digital banks post significant deposit, loan growth in 2023
The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»
Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»
RCBC income hits all-time high in 2023
Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»
BSP collects P510 million via coin deposit machines
The Bangko Sentral ng Pilipinas has collected over half a billion pesos worth of coins as part of efforts to bring them back to circulation and address the shortage due to improper storage or disposal......»»
Maya is '1 Digital Bank in PH
Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»
P115 million worth of properties up for auction
State-run Philippine Deposit Insurance Corp. is set to dispose P115.1 million worth of various properties of padlocked banks......»»
Explained: PDIC and How It Works
At some point, I’m sure you’ve seen the acronym “PDIC” and “PHP500,000” together somewhere, especially if you’re constantly in digital banking apps or physical branches up and about. In the world of finance, understanding mechanisms that safeguard your hard-earned money is of utmost importance. One key player in this domain is the Philippine Deposit Insurance […].....»»
T-bill rates rise across the board
Rates for the government’s short-term securities went up across the board as investors expect that policy easing here and abroad will likely be pushed further down the road......»»
T-bills, T-bonds rates up after inflation uptick
Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
Investors swarm T-bond auction
Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»
BSP to keep policy stance unchanged
Monetary authorities may keep the benchmark interest rates unchanged in the near term as inflation quickened for the first time in five months, and could accelerate further to above the two to four percent target in the second quarter......»»