
Remolona eyes big RRR easing
The RRR has remained high at 9.5 percent. In May, Remolona said the BSP was studying to bring down the RRR to 5 percent
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The RRR has remained high at 9.5 percent. In May, Remolona said the BSP was studying to bring down the RRR to 5 percent
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Total bids totaling P96.3 billion or 3.2 times bigger than its full program of P30 billion were registered by the BTr. The T-bond’s average rate settled at…
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Personal remittances from overseas Filipinos in July grew 3.2 percent to $3.43 billion from $3.32 billion a year earlier as inflation rose again.
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The Philippine Statistics Authority (PSA) has urged the public to report establishments that refuse to accept the digital version of the National…
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Islamic banking applies Shari’ah principles or Islamic law practiced by Muslims
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The Bangko Sentral ng Pilipinas (BSP) said it marked a milestone with the third anniversary of PhilPaSSplus, the real-time gross settlement (RTGS) system.
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The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
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Metropolitan Bank & Trust Co.’s (Metrobank) Research and Market Strategy Team was named the country’s 2023 top forecaster for Exchange Rate, and for…
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Bank of the Philippine Islands (BPI) expects a slightly better inflation rate for the full year at 3.5 percent from 3.7 percent, following a…
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GCash was initially available in beta to users in the US, Canada, Italy, the UK, Australia and Japan
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Economists expect price increases for necessary goods and services to slow down for October due to lower oil prices and relatively better weather conditions…
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The domestic claims of the other financial corporations sub-sector (OFCS) increased in the second quarter of 2023 due to higher claims on the depository…
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Headline inflation likely went again in September amid higher food prices and high base effects, private sector economists said over the weekend.
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Malacañang on Saturday announced that President Ferdinand Marcos Jr. has appointed National Treasurer Rosalia de Leon as a member of the Monetary Board of the…
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The death toll from a powerful storm that triggered flooding and landslides across the Philippines has reached 150, disaster officials said Thursday, as more…
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The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Ukraine and other shocks take their toll…
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A weakened peso and rising commodities prices and electricity rates could drive the September inflation between 6.6 to 7.4 percent, the Bangko Sentral ng…
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The International Monetary Fund has projected the Philippines' gross domestic product to grow by 6.5 percent in 2022 but to slow to 5 percent in 2023 as the…
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