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Bianca Cuaresma

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Bianca Cuaresma graduated cum laude from the University of Santo Tomas (UST) with a degree in AB Journalism. She joined the BusinessMirror after she graduated in 2013. In October 22018, she was named Banking Reporter of the Year by the Economic Journalists Association of the Philippines (EJAP).
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PHL inflation likely accelerated to 4.7% in February–BSP chief

BusinessMirror -
AFTER hitting a two year high in January, the Philippines’s inflation number is expected to have accelerated further in February on the back of higher prices of fuel and select food items. In a message to reporters on Friday afternoon, Bangko Sentral ng Pilipinas...
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PHL BOP posts $752-million deficit in January

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THE country’s transactions with the rest of the world yielded a dollar deficit in January as the national government withdrew foreign currency from the Bangko Sentral ng Pilipinas’s (BSP) reserves to pay for its international debt obligations and as trade also recorded a...
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S&P affirms Asian Development Bank ‘AAA’ credit rating

BusinessMirror -
International credit watcher S&P Global Ratings affirmed on Thursday the Asian Development Bank’s (ADB) credit rating on the back of the bank’s “extremely strong enterprise and financial risk profiles”. S&P said ABD remains rated at AAA with a stable outlook at it “responded strongly”...
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BSP ramps up focus on digital money systems

BusinessMirror -
BANGKO Sentral ng Pilipinas (BSP) Governor Benjamin Diokno announced on Wednesday that they have established a new sector tasked to manage the “interplay” of physical currency and digital money into the economy. The new sector will be called the Payments and Currency Management Sector...
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Banking & Finance

Cryptocurrency exchange resumes operations

BusinessMirror -
THE Philippine Digital Asset Exchange (PDAX) announced that it has resumed operations after it has shut down its system due to an internal problem. In a virtual news conference last Tuesday, PDAX Founder and CEO Nichel O. Gaba said they have conducted a systems...
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S&P: ‘Long road to recovery’ for PHL banks

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THE local banking system’s financial performance is not expected to “return back to normal” in the next two years, as bad loans are expected to start rising in the first quarter of 2021, an international credit watcher said. In a recent assessment on the...
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CREATE positive for economy, but short-term revenue pain seen

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THE Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill is expected to be positive for the economy in the long run, but may bare revenue weaknesses in the short-term upon its passage, an international credit watcher said. In its most recent credit opinion...
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Limited impact seen in fresh monetary moves

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THE weakness in business and consumer confidence in the face of the pandemic is limiting the potency of monetary policy as a tool to lift the economy from recession, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said on Thursday. In a virtual press...
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