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New peso swap market seen to help SMEs seeking loans | Cai U. Ordinario

Small businesses and consumers can now hope for greater transparency when loan shopping with the launch of the PESO interest rate swap market (PESO IRS), according to the Bangko Sentral ng Pilipinas (BSP). The Bankers Association of the Philippines (BAP) said the International Swaps and Derivatives Association (ISDA) recognizing BAP’s Philippine Overnight Reference Rate (ORR), […]

Peso Pluma To Headline Sueños 2025 In Chicago

DOWNTOWN — Peso Pluma will headline Sueños, Chicago’s largest Latin music fest, next year in Grant Park. The Mexican musician’s set was cut short at this year’s Sueños due to thunderstorms — but the festival organizers announced Pluma’s 2025 return on social media Thursday. The two-day music fest’s next edition — presented by La Familia […]

Peso caught up in US election frenzy

Uncertainties over the US presidential elections would unlikely sink the peso to the record-low 59 level, regardless of the winner of the tight race to the White House, analysts said, although the local currency is still bound to feel some weakness this week. The peso finished the first trading day of November at 58.34 against […]