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BOP posts $38 million surplus in September
By Lawrence Agcaoili | October 19, 2019 - 12:00am
The Philippines continued to maintain a healthy external payments position in September, reflecting the country’s strong macroeconomic fundamentals and firm growth prospects, according to the Bangko Sentral...
1 day ago
Business
1 day ago
Long-term growth of 6.5% sustainable — Diokno
By Lawrence Agcaoili | 1 day ago
The Philippines is capable of sustaining a long-term economic growth of 6.5 percent amid the long list of structural reforms...
Business
2 days ago
Hot money continues to flee Philippines
By Lawrence Agcaoili | 2 days ago
Speculative funds continued to exit the Philippines in September amid a spate of geopolitical issues which affected the flow...
Business
BSP cuts bank reserves for bonds by half to 3%
By Lawrence Agcaoili | October 16, 2019 - 12:00am
The Bangko Sentral ng Pilipinas slashed by half the reserve requirement ratio for bonds issued by banks as part of its commitment to contribute to the deepening of the local debt market.
4 days ago
Business
9 days ago
BSP to banks: Integrate sustainable financing
By Lawrence Agcaoili | 9 days ago
The Bangko Sentral ng Pilipinas is ramping up the promotion of sustainable financing via enabling regulations as well as capacity...
Business
Rate hikes cut into economic growth — DOF
By Mary Grace Padin | October 11, 2019 - 12:00am
The series of rate hikes delivered by the Bangko Sentral ng Pilipinas last year slashed the country’s economic growth by 0.2 percentage point in 2018 and 0.4 percentage point in the first half of 2019, according...
9 days ago
Business
10 days ago
Term deposit rates ease further
By Lawrence Agcaoili | 10 days ago
The yields of term deposit rates further dropped across the board as banks continued to swarm the liquidity absorption facility...
Business
Assets of non-bank financial firms reach P8 thousand in Q1
By Lawrence Agcaoili | October 9, 2019 - 12:00am
Total assets of other financial corporations including insurance providers, investment companies, trust institutions investment houses, securities dealers and pawnshops accounted for a quarter of the total resources...
11 days ago
Business
12 days ago
Merger of 4 Cavite rural banks first under BSP’s CPRB scheme
By Lawrence Agcaoili | 12 days ago
The Bangko Sentral ng Pilipinas (BSP) has given four rural banks in Cavite the green light to merge and consolidate as part...
Banking
16 days ago
BSP: Rice tarrification 'nakatulong kaya 0.9% ang inflation'
By James Relativo | 16 days ago
Lalo pang bumaba sa 0.9% ang inflation rate noong nakaaraang buwan, ayon sa pinakahuling datos na isinapubliko ng Philippine...
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