BSP takes 6% policy rate slash
Overall inflation last month dropped to 1.9 percent from 3.3 percent in August as rice prices slid to 5.7 percent from 14.7 percent
· 2 min read
Daily TribuneTopic
Overall inflation last month dropped to 1.9 percent from 3.3 percent in August as rice prices slid to 5.7 percent from 14.7 percent
· 2 min read
Ayala-owned Bank of the Philippine Islands (BPI) on Thursday said it has already received approval from the Bangko Sentral ng Pilipinas (BSP) to sell back…
· 2 min read
The country’s gross international reserves (GIR) increased to $112 billion as of September, the highest so far, according to the Bangko Sentral ng Pilipinas…
· 1 min read
Claims on residents decreased by 10 percent from 11.4 percent, reflecting lower claims on households and firms at 11.9 percent from 12 percent as banks…
· 2 min read
An independent view and the professionalization of the board are gaining importance, which also helps in managing the equitable treatment of all stakeholders…
· 3 min read
‘The September level marked the end of BSP’s battle to lower inflation; with an even better inflation outlook on the horizon, the possibility of BSP’s cutting…
· 3 min read
National statistics also showed a slower decline in prices of clothing, shoes, home equipment, restaurants, communication, education, hygiene products and…
· 2 min read
The decline would most likely be due to cheaper prices of food, including rice, meat and vegetables. Rice prices have already dropped to 14.7 percent in August…
· 2 min read
The August level is still among the best in more than two years, largely brought about by the first local policy rate cut in nearly four years
· 2 min read
‘Paleng-QR Ph Plus aims to promote digital payments in markets, public transportation, and other business establishments through QR Ph, the national standard…
· 1 min read
Consumers said they expect higher wages, more income sources and opportunities for permanent jobs, and more family members to work this year.
· 3 min read
The number of approved loans for new homes for all types of residences declined by 3.5 percent year-on-year amid a high interest rate from banks.
· 1 min read
‘Gold accounts for about 10 percent of the total GIR, now at $108 billion near record highs and equivalent to nearly 8 percent of total imports or more than…
· 3 min read
Despite surging gold prices, the Bangko Sentral ng Pilipinas reduced its reserves by nearly 25 tons in six months
· 2 min read
BoP surplus increased to $88 million as of August from $62 million in July, leading to a cumulative surplus of $1.6 billion surplus in the first eight months…
· 2 min read
Under Republic Act 11055, the BSP is tasked with assisting the Philippine Statistics Authority, the lead agency for the ID project, in the customization and…
· 4 min read
A significant drop in weekly jobless claims to 219,000 also bolstered hopes for a U.S. soft landing.
· 2 min read