Economists downplay gold sale backlash
‘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
Daily TribuneTopic
‘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
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
· 2 MIN READ
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…
· 2 MIN READ
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.
· 2 MIN READ
The Philippine Statistics Authority (PSA) has urged the public to report establishments that refuse to accept the digital version of the National…
· 1 MIN READ
The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a…
· 3 MIN READ
The Philippine Health Insurance Corporation in Central Visayas (PhilHealth Region VII) reported on 13 September 2024 that it disbursed P5.35 billion in member…
· 1 MIN READ
Islamic banking applies Shari’ah principles or Islamic law practiced by Muslims
· 2 MIN READ
The Bangko Sentral ng Pilipinas (BSP) said it marked a milestone with the third anniversary of PhilPaSSplus, the real-time gross settlement (RTGS) system.
· 1 MIN READ
The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
· 2 MIN READ
Union Bank of the Philippines (UnionBank) posted a net income of P2 billion in the first quarter which reflected double-digit growth in net interest income,…
· 1 MIN READ
Bank officials say projected loan growth will likely be driven by a sustained demand for goods and services despite prospects of elevated interest rates for a…
· 2 MIN READ