BSP chief: Policy rate cut next month ‘on the table’
The Monetary Board, which is considering ‘a few more cuts’ this year, is expected to announce its move on the policy rate on 10 April. These cuts should help…
· 2 min read
Daily TribuneTopic
The Monetary Board, which is considering ‘a few more cuts’ this year, is expected to announce its move on the policy rate on 10 April. These cuts should help…
· 2 min read
The Euro bonds sale aimed to fund the government’s green and sustainability projects, and marked the first time the government issued a Euro-denominated…
· 2 min read
Loans for production activities grew 11.8 percent from 10.8 percent with biggest borrowers being suppliers of air conditioners which increased loans by 23.6…
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Bank of the Philippine Islands (BPI) lowered the fee for InstaPay interbank fund transfers from P25 to P10.
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The US Department of Veterans Affairs (VA) plans to cut some 80,000 jobs as President Donald Trump's administration works to slash the number of federal…
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The country's manufacturing sector grew slower in February as factories' new orders continued to increase moderately in seven months, a report by S&P…
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The country posted lower net outflows of foreign investments in January at $283.69 million from $487.37 million in December last year, the Bangko Sentral ng…
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In quantum mechanics, Erwin Schrödinger proposed a thought experiment… to explain the behavior of atoms and how it may be possible for them to be…
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Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
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Gold holdings account for about 10 percent of the country’s gross international reserves
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Newly appointed undersecretary for the Presidential Communications Office (PCO), Atty. Claire Castro, criticized former President Rodrigo Duterte’s claim that…
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The Bangko Sentral ng Pilipinas (BSP) on Monday refuted former president Rodrigo Duterte's statements that President Ferdinand "Bongbong" Marcos Jr. stole and…
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Officials discovered undeclared foreign currency, including Japanese yen, euros, and Kuwaiti dinars, amounting to approximately P6.6 million.
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A lower reserve requirement ratio (RRR) enables banks to lend more of their funds to clients in a cost-efficient manner. The new RRRs will take effect starting…
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To sustain economic growth, the Bangko Sentral ng Pilipinas (BSP) has reduced the reserve requirement ratios (RRRs) for universal and commercial banks from…
· 1 min read
Analysts expressed worries over the ballooning balance of payments (BoP) deficit that reached an 11-year high $4.1 billion in January, data from the Bangko…
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The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
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BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
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