
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

TACLOBAN CITY — Poor families in Eastern Visayas experienced temporary relief from rising prices of goods and services in January, with the inflation rate for…
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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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With the adjustment in place, residential customers consuming 200 kWh will see an increase of about P57 in their monthly bill.
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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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Moderate to heavy rainfall is still forecast over the next 12 hours in Southern Luzon, Visayas, and Mindanao due to the continued effect of the shear line.
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Two fire incidents broke out in North Caloocan and Caloocan City on Sunday, affecting multiple residential areas.
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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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Sabato De Sarno is stepping down as Gucci’s creative director just two years after taking the helm, the Italian fashion house announced Thursday. His departure…
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Inflation last month remained steady at 2.9 percent as rice prices declined by 2.3 percent, down from an increase of 0.8 percent, the Philippine Statistics…
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The BTr auctioned 91-day, 182-day, and 364-day debt papers, resulting in total bids of P70.6 billion or 3.2 times oversubscription compared to its initial…
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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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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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‘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 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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