
BSP rate kept steady at 5.75%
Steady rate should drive higher economic growth through loan-based consumption of goods and services by households and businesses while keeping inflation rates…
· 2 min read
Topic

Steady rate should drive higher economic growth through loan-based consumption of goods and services by households and businesses while keeping inflation rates…
· 2 min read

Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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The country’s net inflows of foreign direct investments (FDI) grew by 4.4 percent to $8.6 billion in the first 11 months of last year compared to the same…
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The country’s gross international reserves (GIR) level declined further to $103 billion as of January from $106.3 billion last year as the government continued…
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The Palawan Group of Companies (PGC) is collaborating with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy and foster responsible currency…
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The Bangko Sentral ng Pilipinas (BSP) is expected to slash its reserve requirement ratio (RRR) by 200 basis points for universal and commercial banks in the…
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The Palawan Group of Companies (PGC) has partnered with the Bangko Sentral ng Pilipinas (BSP) to enhance financial literacy and promote responsible currency…
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Multisectoral leaders gathered Wednesday to discuss how green investments can drive economic growth while addressing climate change, stressing the need for…
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BSP said the country posted net inflows of $2.1 billion last year, a reversal from the $248.84 million in 2023
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‘Come January, rice prices should deliver a disinflationary impulse. Lower minimum retail rice prices in Manila by 27 December 2024 might have been too late to…
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The economist said lower food prices should encourage consumers and private construction firms to borrow funds for real estate investments and projects.
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The Bangko Sentral ng Pilipinas (BSP) projects inflation in January to settle within 2.5 to 3.3 percent due to high prices of fuel, food, and water.
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The country’s economy grew by 5.6 percent last year, falling short of the government’s 6 to 6.5 percent target as household spending and the agriculture sector…
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A Donna Summer hit song reveals how a woman grows money: by working hard. A fifth grader, on the other hand, has his own practical version of achieving the…
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The Bangko Sentral ng Pilipinas (BSP) approved last year a lower amount of total foreign borrowings by the national government worth P13.68 billion, down from…
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In a recent incident, OTS officers intercepted a Chinese passenger at the final security checkpoint carrying more than $10,000, exceeding the amount permitted…
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‘The partnership with Pru Life UK on financial education and capacity building is a significant milestone in our efforts to uplift Muslim communities and…
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The Bureau of the Treasury (BTr) upsized its award of Treasury bills to P27.6 billion from the initial program of P22 billion during its auction on Monday as…
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