BSP reiterates hands-off stance on peso despite record lows
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
Daily TribuneTopic
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
Pump prices for petroleum products are expected to rise again next week, with diesel and gasoline likely to see fresh hikes amid the tight global supply and…
· 2 MIN READ
The Philippine Stock Exchange Index (PSEi) extended its rebound on Friday, while the peso weakened anew as markets weighed progress in US-Iran peace…
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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
LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
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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 Philippine Stock Exchange Index (PSEi) extended its losing streak, while the peso appreciated modestly from its record low as markets digested the latest…
· 2 MIN READ
The government is moving to put locally produced rice under a P53-per-kilo suggested retail price as authorities attempt to contain food inflation while…
· 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 Stock Exchange Index (PSEi) extended its decline on Tuesday while the peso held steady at the record low of P61.75 posted a day earlier, as…
· 2 MIN READ
The government is moving to place locally produced rice under a P53-per-kilo suggested retail price as authorities attempt to contain food inflation while…
· 2 MIN READ