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Government decision makers should orient their policies toward securing the public health and the economic wellbeing of Filipinos and postpone the ambition of improving the country’s debt rating for a…
Short term investments in Philippine financial markets fled the country at the end of the first quarter of 2020 as the coronavirus pandemic dampened sentiment among money managers around the…
The country’s banking system is strong enough to withstand the economic downturn caused by the coronavirus pandemic, thanks to the industry’s prudential measures and conservative practices, the central bank said…
The central bank on Tuesday (May 5) rolled out new measures to encourage a steady flow of credit to small firms—many of which have been hit severely by the ongoing…
The central bank expects the country’s inflation rate for April — due to be announced by the government on Tuesday (May 5) morning — to remain low and give the…
BSP Gov. Benjamin Diokno. (File photo by EARVIN PERIAS / Philippine Daily Inquirer) MANILA, Philippines — The central bank on Tuesday waived its fees and charges for financial institutions setting…
MANILA, Philippines – The Philippines’ top monetary manager expects the local economy the enter a recession over the next six months before recovering in the fourth quarter, and entering an…
The pace of price increases of consumer goods and services will likely remain muted over the next few months due to weak local demand as well as the plunge in…
The pace of price increases of consumer goods and services will likely remain muted in the next few months due to weak local demand and the plunge in global oil…
The central bank has eased a rule that had required financial institutions to keep a 100-percent buffer of assets for their foreign currency liabilities on a daily basis, saying that…
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