Business pessimism deepens amid energy crisis – BSP
Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
· 2 MIN READ
Daily TribuneTopic
Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
· 2 MIN READ
BMI, a unit of global credit ratings firm Fitch Solutions, expects the Bangko Sentral ng Pilipinas to deliver interest rate hikes amounting to 100 basis points…
· 3 MIN READ
Primelectric Holdings Inc.’s utilities rolled out lower electricity rates in the Visayas this month after tapping into cheaper supply agreements and…
· 1 MIN READ
The Bangko Sentral ng Pilipinas (BSP) has reiterated its “hands-off” stance toward the local currency, which has depreciated significantly and hit multiple…
· 2 MIN READ
‘The reform will strengthen the country’s financial stability as it enables banks to set aside capital that can be released in bad times to keep credit flowing…
· 2 MIN READ
The Bangko Sentral ng Pilipinas (BSP) has approved a new capital reform requiring banks to maintain releasable capital buffers that can be tapped during…
· 2 MIN READ
Inflation will likely rise to at least 8 percent in May as spillover effects from the Middle East conflict continue to spread across goods and services,…
· 3 MIN READ
Fiscal and monetary policy must go hand in hand to combat the threat of stagflation, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr.
· 3 MIN READ
The Bangko Sentral ng Pilipinas (BSP) announced that it is allowing supervised financial institutions to offer temporary relief options for borrowers impacted…
· 2 MIN READ
Investor sentiment improved further after US President Donald Trump said negotiations with Iran were already in the ‘final stages,’ easing fears of an…
· 2 MIN READ
The Bangko Sentral ng Pilipinas (BSP) is urging businesses to adopt the Personal Equity and Retirement Account (PERA) program for employees, citing tax…
· 2 MIN READ
Tapping costlier diesel-fired power plants during the series of red alerts imposed in Luzon and the Visayas last week could trigger a slight increase in…
· 2 MIN READ
The local bourse slipped again for the fifth straight day while the peso closed marginally stronger at P61.74 per US dollar from Tuesday’s record-low P61.75…
· 2 MIN READ
The country’s external deficit widened in March while foreign exchange reserves fell to a 12-year low, according to preliminary data from the Bangko Sentral ng…
· 2 MIN READ
The Philippine banking sector’s bad loan ratio eased to a three-month low in March as stronger lending growth helped offset the rise in nonperforming loans…
· 2 MIN READ
Consumers of Negros Electric and Power Corp. (Negros Power) will pay lower electricity bills this May after the utility reduced residential power rates on the…
· 1 MIN READ
The Bangko Sentral ng Pilipinas (BSP) and other central banks and finance ministries in ASEAN+3 economies reaffirmed their commitment to regional financial…
· 2 MIN READ
The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 MIN READ