Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
Let’s get away from the telenovela drama of the Senate with its shifting power dynamics and lingering public doubt and growing dismay—as well as the choppy trend in the cost of crude oil per barrel in the international market and its trickle-down negative effects on our way of life. Not that it...
Even as the Philippines is seen posting its weakest post-global financial crisis (GFC) growth, think tank Oxford Economics still stands firm on its assumption that local monetary authorities will emerge among the “active hawks” on monetary policy, with jumbo rate hikes looming. Louise Loo, Asia...
While nine in 10 Asian financial leaders anticipate that digital finance will soon become an industry standard, more than half admit they lack the technical understanding to navigate this shift. According to a new independent survey from HSBC of 3,000 international businesses and institutional...
British banking giant HSBC is now leaning toward back-to-back jumbo interest rate hikes that could lift policy rates to six percent, as signs of de-escalation in Middle East tensions remain muted—potentially forcing the Bangko Sentral ng Pilipinas (BSP) to add another layer to its...
The peso tumbled to a fresh record low on Tuesday, April 28, breaching the 61-level as a resurgent United States (US) dollar and the broad exodus from emerging-market assets overwhelmed the central bank’s recent efforts to shore up the currency through tighter monetary policy. The peso plunged to...
The Philippine economy faces a potential “second wave” of inflation and a sharp slowdown in growth if geopolitical volatility in the Middle East persists, according to HSBC. In a briefing on Tuesday, April 28, Aris Dacanay, HSBC senior Asean economist, warned that a prolonged blockade of the...
University of the Philippines Los Baños’s (UPLB) Nexus team has secured the national title at the HSBC Philippines Business Case Competition, earning a spot to represent the country at the upcoming global finals in Hong Kong. The Nexus squad outperformed dozens of rivals to clinch the top...
Private sector economists are split over whether the Bangko Sentral ng Pilipinas (BSP) will raise interest rates this week, as the need to anchor inflation expectations and defend the peso battles concerns over the fragile economic recovery. Of 10 economists surveyed, five expect a 25-basis-point...
Hongkong and Shanghai Banking Corporation (HSBC) Premier turned some of the most recognizable spaces inside The Peninsula Manila into immersive “worlds” for its top clients, transforming the hotel into a series of environments built around the priorities of modern global living. The...
HSBC Philippines ushered in the Year of the Fire Horse with a grand banquet titled “Dynasty of Radiance,” celebrating traditions and new beginnings with the hope of welcoming a cycle of abundance and harmony. The event, which took place on Feb. 12, 2026, kicked off with the ceremonial gong as...
President Marcos has encouraged the Hongkong and Shanghai Banking Corporation (HSBC) to help in creating an environment where investors and the people view the Philippines as a "nation of promise." Marcos graced the 150th anniversary celebration of the HSBC held in Bonifacio Global City in Taguig...
