‘BSP to await Fed cuts before lowering rates’
THE World Bank expects the Bangko Sentral ng Pilipinas (BSP) to wait for Federal Reserve rate cuts before it decides to lower key policy rates in the country.
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THE World Bank expects the Bangko Sentral ng Pilipinas (BSP) to wait for Federal Reserve rate cuts before it decides to lower key policy rates in the country.
THE Brunei Darussalam Central Bank (BDCB) and Bank of the Lao PDR (BOL) become the latest addition to the Regional Payment Connectivity Initiative (RPC) in the Association of Southeast Asian Nations (Asean).
THE Philippine banking system posted a non-performing loan (NPL) ratio of 1.56 percent in February, latest data released by the Bangko Sentral ng Pilipinas (BSP) showed.
HIGH commodity prices and economic uncertainties have convinced more Filipinos to delay dating, marrying and childbearing, even before the pandemic, according to the Commission on Population Development (CPD).
SMALL borrowers who are looking to expand their businesses are expected to benefit from a new credit line facility that Asialink Finance Corp. secured from Taiwan’s Cathay United Bank Co. Ltd. (CUB).
STREAMLINING Value Added Tax (VAT) exemptions along with better tax administration could help accelerate the government’s fiscal consolidation efforts, according to the World Bank.
PRODUCER prices of food manufacturers slowed to a four-month low, according to the Philippine Statistics Authority (PSA).
FILIPINO households are worried about high prices and their insufficient incomes which could prevent them from meeting their basic needs, according to the latest Publicus Asia Inc. survey.
Less than half a million Filipinos passed away in the January to October 2023 period, according to the Philippine Statistics Authority (PSA).
To further protect your debit card with the Bank of the Philippine Islands (BPI), you need to buy an insurance product.
EXECUTIVES of HSBC Holdings Plc are urging Philippine-based digital businesses looking to expand to other parts of Southeast Asia to tap the $1-billion Asean Growth Fund (AGF) launched by the London-headquartered lender days ago.
THE recent increase in inflation is expected to continue in March 2024 as rice and meat prices remained elevated, according to the Bangko Sentral ng Pilipinas (BSP).
HIGHER interest rates in the United States may persist and create a “double whammy” for East Asia and the Pacific nations including the Philippines, according to the World Bank.
BETTER labor market conditions and slower inflation in the country could turn the administration’s single-digit poverty incidence aspirations into a reality two years ahead of schedule.
THE World Bank said the private sector has lagged in terms of investments that are needed to raise total factor productivity and economic growth in East Asia and the Pacific economies, including the Philippines.
SECURITY Bank Corp. (PSE: SECB) aims to scale up its green financing business through an agreement with the World Bank Group’s private sector arm, the International Finance Corp. (IFC).
FOREIGN and domestic debt obligations widened the government’s net external liability position in the third quarter of 2023, according to the Bangko Sentral ng Pilipinas (BSP).
TIME deposits of Filipinos led to an all-time high in Foreign Currency Deposit Units (FCDU) of banks as of December 2023, according to the Bangko Sentral ng Pilipinas (BSP).
CHALLENGES faced by nature-based solutions (NbS) for flood management prevent these from being implemented in the Philippines, considered by the OECD Development Center as the country with the highest disaster risk globally.
OVER 30 government housing projects are now undergoing various stages of construction, according to the Department of Human Settlements and Urban Development (DHSUD).
THE national government’s recent bond issuances contributed to the net liability position of the country’s net international investment position (IIP), according to the Bangko Sentral ng Pilipinas (BSP).
THE country’s portfolio investments more than doubled as hot money inflows rebounded in February, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
THE increase in real-estate prices recorded a 6-month low in the fourth quarter of 2023, according to the Residential Real Estate Price Index (RREPI) released by the Bangko Sentral ng Pilipinas (BSP).
INFORMAL jobs for women in the tourism sector present challenges such as stiff competition, seasonality and sexual harassment, according to a study released by the state-owned think tank Philippine Institute for Development Studies (PIDS).
EMERGING risks to inflation and a tentative outlook for export growth may push back any decision of the Monetary Board to cut key interest rates in the country this year, according to ANZ Research.
ECONOMIES in Asia and the Pacific region must invest in improved data systems to better manage the next pandemic and save lives, according to the Asian Development Bank.
THE National Economic and Development Authority (Neda) does not expect inflation to exceed 3.4 percent in March 2024 given the slower-than-expected progress on the legislated wage.
SUSTAINABLE bonds issued in the Association of Southeast Asian Nations (Asean), the People’s Republic of China (PRC), Japan and the Republic of Korea grew faster than global and euro-area sustainable bond markets in 2023.
FUNDS raised by BDO Unibank Inc. (BDO) financed 28 projects that supported employment generation and the expansion of renewable energy sources in the country.
THE number of basic deposit accounts (BDAs) more than doubled in the third quarter of 2023, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
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