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Lower oil, power, transport costs: Inflation forecast at 0.8-1.6% in January
Lower oil, power, transport costs: Inflation forecast at 0.8-1.6% in January
By Lawrence Agcaoili | Over a year ago
The Bangko Sentral ng Pilipinas (BSP) sees inflation for this month averaging between 0.8 and 1.6 percent amid the minimum...
Business
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Bank deposits hit P7 T
Bank deposits hit P7 T
By Lawrence Agcaoili | Over a year ago
Bank deposits hit the P7 trillion mark as of end-November last year as more Filipinos are now saving for the future, data...
Business
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Private economists project lower inflation
By Lawrence Agcaoili | January 24, 2016 - 9:00am
Economists of private banks see lower inflation over the next two years as declining global oil prices and lower domestic utility rates are expected to outweigh the effects of El Niño weather disturbance...
Business
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Remittances to remain resilient amid low oil prices, Saudi conflict
By Lawrence Agcaoili | January 24, 2016 - 9:00am
The Bangko Sentral ng Pilipinas (BSP) said remittances from overseas Filipinos would remain resilient amid the tension between Saudi Arabia and Iran as well as the continued decline in oil prices.
Business
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No real estate bubble – BSP
No real estate bubble – BSP
By Lawrence Agcaoili | Over a year ago
Initial results of stress tests conducted by banks validated the assessment made by the Bangko Sentral ng Pilipinas (BSP)...
Business
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BSP: Plan to introduce new generation coins underway
By Carlo S. Lorenciana | January 4, 2016 - 9:00am
New generation coins will soon be introduced, a local official from the central bank said, saying there will be an information campaign for the demonetization of the existing coins.
Freeman Cebu Business
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BSP: Old bills valid till yearend
BSP: Old bills valid till yearend
By Lawrence Agcaoili | Over a year ago
The Bangko Sentral ng Pilipinas (BSP) urged businesses to continue accepting old banknotes as the government is on track with...
Metro
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Remittance growth target lowered to 4 % this year
Remittance growth target lowered to 4 % this year
By Lawrence Agcaoili | Over a year ago
The Bangko Sentral ng Pilipinas (BSP) has lowered the projected growth of cash remittances from overseas Filipinos due to...
Business
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Consumer confidence hits 2-year high
By Lawrence Agcaoili | December 11, 2015 - 9:00am
Filipino consumers are more upbeat in the fourth quarter of the year with the overall confidence index hitting its highest level since the third quarter of 2013, a survey conducted by the Bangko Sentral ng Pilipinas...
Business
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Hot money reverts to net inflow in October
By Lawrence Agcaoili | November 13, 2015 - 9:00am
More foreign portfolio investments or hot money entered the country last month, putting an end to the seven consecutive months of net outflows due to the uncertainties brought about by the impending US Fed rate hike...
Business
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