BSP hikes rates amid national energy emergency
The Bangko Sentral ng Pilipinas (BSP)’s Monetary Board has raised interest rates by 25 basis points in response to mounting economic pressures from the ongoing…
Toby Magsaysay · · 2 min read
Daily TribuneThe Bangko Sentral ng Pilipinas (BSP)’s Monetary Board has raised interest rates by 25 basis points in response to mounting economic pressures from the ongoing…
Toby Magsaysay · · 2 min read
Total insured deposits in the Philippine banking system surged by about 41 percent to P5.2 trillion in 2025, driven largely by the doubling of deposit…
Toby Magsaysay · · 2 min read
China Banking Corp. (Chinabank) reported a P6.8-billion net income in the first quarter of 2026, up 4 percent year-on-year, supported by sustained growth in…
Toby Magsaysay · · 2 min read
The finance chief’s engagement with American business leaders, including representatives from the US-ASEAN Business Council and the US Chamber of Commerce,…
Toby Magsaysay · · 2 min read
The PSEI was down amid subdued trading alongside a weakened peso at P60.13 per US dollar, depreciating from P59.94 as markets grew skeptical over the US-Iran…
Toby Magsaysay · · 2 min read
The Philippine banking system continued to expand in early 2026, with total assets rising 8.3 percent year-on-year to P29.19 trillion in February, according to…
Toby Magsaysay · · 2 min read
The local bourse and foreign exchange market posted losses on Wednesday as risk sentiment weakened amid renewed uncertainty surrounding the US-Iran…
Toby Magsaysay · · 2 min read
Finance Secretary Frederick Go has called on American businesses to invest in the Philippines, highlighting ongoing economic reforms and emerging opportunities…
Toby Magsaysay · · 2 min read
The Philippine Stock Exchange index (PSEi) held steady on Tuesday, closing at 6,018.70, up a modest 0.04 percent, as investors awaited the upcoming monetary…
Toby Magsaysay · · 2 min read
The Philippine government has responded to Fitch Ratings’ decision to downgrade the country’s outlook, as the Middle East conflict continues to weigh on the…
Toby Magsaysay · · 2 min read