BSP hikes alone won’t solve inflation, former DOF secretary warns
Another interest rate hike by the Bangko Sentral ng Pilipinas (BSP) at its 22 October meeting would be an appropriate response to surging inflation, former…
· 2 MIN READ
Topic
Bangko Sentral ng Pilipinas
Bangko Sentral ng Pilipinas (BSP) coverage — monetary policy, inflation targets, banking regulation, and financial stability.
GIR falls to $99.5 billion, BoP deficit nears forecast
The Philippines’ gross international reserves fell to $99.5 billion at end-September, their lowest monthly level since September 2023, while the balance of…
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Foreign reserves fall to three-year low as BOP deficit widens
The Philippines’ gross international reserves (GIR) fell to $99.5 billion at end-September, while the balance of payments (BOP) deficit widened to $9.1 billion…
· 2 MIN READ
Guinigundo urges Philippine terms in Pax Silica deal
Former Bangko Sentral ng Pilipinas (BSP) official Diwa Guinigundo has urged the government to ensure the proposed Pax Silica initiative delivers tangible…
· 2 MIN READ
50-point rate hike seen as peso weakens further
The Bangko Sentral ng Pilipinas may consider a 50-basis-point interest rate hike as the peso weakens past ₱63 against the US dollar, according to BPI lead…
· 2 MIN READ
Peso slide raises prospect of "jumbo" BSP hike
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BSP may end tightening cycle after next hike — PNB
‘We expect the BSP to raise the Target RRP Rate by 25 bps to 5.25 percent at its next policy meeting. This could mark the end of the current tightening cycle…
· 2 MIN READ
BSP may end tightening cycle after next hike – PNB
The Bangko Sentral ng Pilipinas (BSP) may end its monetary policy tightening cycle after its meeting next Thursday, 22 October, following another expected rate…
· 2 MIN READ
OFW cash remittances rise 1.9% in August
OFW cash remittances rose 1.9 percent to $3.03 billion in August 2026, bringing eight-month inflows to $23.42 billion, although growth remains slow amid global…
· 2 MIN READ
OFW cash remittances rise 1.9 percent in August
Cash remittances from overseas Filipino workers (OFWs) rose by 1.9 percent year on year to $3.03 billion in August, bringing inflows in the first eight months…
· 2 MIN READ
BSP sees BoP deficits in 2026 and 2027
‘These deficits highlight the shock from elevated oil and commodity prices, which continue to weigh on the country’s external position.’ — Bangko Sentral ng…
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BSP shifts to Basel III operational risk standards
The Bangko Sentral ng Pilipinas (BSP) is adopting a new Basel III capital framework requiring banks to better account for operational risks, including…
· 2 MIN READ
BSP shifts to Basel III operational risk standards
The Bangko Sentral ng Pilipinas (BSP) is tightening its risk-based capital framework for banks, adopting a new Basel III standard that will require lenders to…
· 2 MIN READ
BSP sees BOP deficits in 2026 and 2027
The Philippines’ balance of payments (BOP) deficit is projected to reach $9.2 billion this year and $8.5 billion in 2027 as elevated oil prices, transport…
· 2 MIN READ
Digital trust key to MSME growth, IDfy says
IDfy urges Philippine financial institutions to streamline MSME business verification and strengthen fraud prevention to expand access to digital financial…
· 1 MIN READ
Foreign investments plunge 44.1 percent in July — BSP
Foreign direct investment inflows into the Philippines fell 44.1 percent year on year to $689 million in July 2026, bringing total net inflows for January to…
· 2 MIN READ
BSP backs ASEAN campaign against online scams
The BSP has backed the Scam Ready ASEAN Program, an initiative targeting three million people across Southeast Asia to strengthen online scam prevention,…
· 2 MIN READ