M3 up, bank lending steady in September
Bank lending inclusive of RRP grew 10.2 percent, a slight improvement from the posted 10 percent in August.
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Bank lending inclusive of RRP grew 10.2 percent, a slight improvement from the posted 10 percent in August.
Domestic liquidity, also known as M3, grew at a slower rate for the month of August, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
Energy Secretary Cusi led the Philippine delegation to the bilateral meetings held during the 37th ASEAN Ministers on Energy Meeting (AMEM37).
The 37th ASEAN Ministers on Energy Meeting (AMEM37) was held in Bangkok last 2 to 6 September 2019. #energycooperation
Secretary Cusi encouraged his fellow Energy Ministers to maximize the benefits of having shared borders by actively pursuing joint energy resource development…
The annual AMEM is always a great opportunity for the Philippines to reach out to our ASEAN partners and showcase our most recent achievements in the energy…
Demand for credit remained to be the principal growth driver of money supply despite the apparent easing observed during the month.
Money supply expands in December. contributed photo
The Farside Von Kármán crater, where the Chang'e-4 landed. (Moon Minute Monday M3 image)
The Farside Von Kármán crater, where the Chang'e-4 landed. (Moon Minute Monday M3 image)
Preliminary data show that domestic liquidity (M3) grew by 14.3 percent year-on-year to about P11.0 trillion in May 2018, slightly faster than the 14.2-percent…