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Rizal Commercial Banking Corporation chief economist Michael Ricafort

Latest Daily Tribune news and analysis on Rizal Commercial Banking Corporation chief economist Michael Ricafort.

  1. Bangko Sentral ng Pilipinas Governor and Monetary Board Chairman Eli Remolona Jr. said the lower reserve requirement ratios will also support low inflation rates through controlled household consumption.

    BSP cuts big banks’ RRR anew

    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…

  2. President Ferdinand R. Marcos Jr., First Lady Liza Araneta-Marcos and other government officials pose for a groufie with OFWs during the Pamaskong Handog Para sa OFW Family at Heroes Hall, Malacañan Palace, on 17 December 2024, to honor overseas Filipino workers (OFWs). P

    OFW remittances hit $38.3B in 2024

    OFW remittances in 2024 hit a record $38.34 billion, up 3% from the previous year, with the US contributing 41% of the total. Discover the factors driving this…