Outstanding IOUs’ value inched up to P5.5 trillion in March
Even as investors’ appetite for government securities weakened in mid-March as they held on to cash at the start of the enhanced community quarantine, the amount of debt papers sold…
Europe car sales tank 55% in March on coronavirus lockdowns
MILAN — European car sales tanked last month amid strict lockdown measures to contain the coronavirus that shut down dealerships for at least half of March and dried up consumer…
Amid Luzon lockdown, PH manufacturing PMI fell to record-low in March
MANILA, Philippines — The COVID-19 quarantine imposed in Luzon and other parts of the country since mid-March slashed nationwide manufacturing activity last month, leading to a record drop in the…
BSP forecast: March inflation not more than 3 percent
Prices of basic consumer goods and services in the Philippines were likely to have risen at a slower pace in March because of cheaper fuel, according to the Bangko Sentral…