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Gross inflows of foreign investments plunged by a double-digit at 41.5 percent or $1.02 billion
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Gross inflows of foreign investments plunged by a double-digit at 41.5 percent or $1.02 billion
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Following the Bangko Sentral ng Pilipinas’ (BSP) policy rate cut, local currency bond issuances increased by 11 percent in the third quarter, while…
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S&P gave the Philippines an investment grade of ‘BBB+’ for long-term debts and ‘A-2’ for short-term debts; it projects the economy to grow by 5.5 percent this…
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One of the interested foreign firms is already operating in the country while the other is a new player in the Philippine market. BSP officials said both are…
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The loan will support the country’s climate adaptation plan. To implement the plan, the ADB said the government needs a $10-million fund
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Amid the widespread interest from financial firms to operate as virtual banks, the Bangko Sentral ng Pilipinas (BSP) said it is looking into digital bank-like…
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‘Nothing is certain yet about the monetary policy in December. If we cut in December, it will be a small reduction of 25 basis points’
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Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the Monetary Board might continue easing its policy rate in December until next year in small…
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Top recipients of equity investments included firms in manufacturing, real estate and electricity, gas, steam and air-conditioning supply
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The Bangko Sentral ng Pilipinas (BSP) was urged on Sunday to investigate GCash, the e-wallet giant, and impose penalties if found negligent following reports…
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‘Reaching P1 billion in AUM through digitally opened accounts is a strong validation that our digital initiatives are on the right path. It signifies…
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Month-on-month, bank lending inched up by 0.8 percent as inflation rates continued to decline and after the BSP lowered its policy rate to 6.25 percent in…
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‘Core inflation was constant at 2.4 percent year-on-year in October relative to the previous month. This was the 10th consecutive month in low core inflation’
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‘Recent weather disturbances have posed significant challenges to our food supply and logistics. Adverse weather conditions in recent months may put some…
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‘The Philippine economy grew by 6 percent in the first half of the year and we think that will be sustained. Based on our discussions with clients, we’ve…
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‘Lower US interest rates should create space for domestic monetary easing in many EMs, providing support to EM economic growth prospects, as well as reducing…
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Most investors placed funds in banking firms, holding firms, property developers, transportation providers, and food, beverage and tobacco manufacturers
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