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BSP sees room for further rate hike

After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

BSP seen to keep rates unchanged

The Bangko Sentral ng Pilipinas is likely to leave rates unchanged anew this week as it remains on a hawkish stance despite easing inflation......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Denise, Aiko, Victor, Shiena, at Angelo mang-eeskandalo sa Room Service at Papalit-Palit, Palipat-Lipat

SHOWBIZ KONEKni Maricris Valdez Nicasio  NAKAGUGULAT at naka-eeskandalong sexcapades sa hotel ang ipakikita sa pelikulang Room Service ni direk Bobby Bonifacio, Jr. sa Vivamax ngayong Enero. Masasabing “first day high” ang mararanasan ni Carol (Shiena Yu) sa kanyang unang araw bilang room attendant sa 3-star hotel dahil bubungad agad sa kanya ang pagtatalik ng dalawang hotel guest nang makita niyang bukas ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsJan 23rd, 2024

‘Room Service’, ‘Palipat-lipat, Papalit-palit’ bakbakan sa hubaran

MGA nakagugulat at nakakaiskandalong sexcapades sa hotel ang babandera sa pelikulang “Room Service” ni direk Bobby Bonifacio, Jr. sa Vivamax ngayong Enero. Masasabing “first day high” ang mararanasan ni Carol (Shiena Yu) sa kanyang unang araw bilang room attendant sa 3-star hotel dahil bubungad agad sa kanya ang pagtatalik ng dalawang hotel guest nang makita.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Strong GDP expansion gives BSP room to further hike rates

he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

‘Volatile inflation to keep rates steady’

Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Prices

To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

BSP seen to start rate cuts in August

The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

BSP rate cuts seen in lockstep with US Fed

The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Government fully awards P30 billion T-bonds at higher rates

The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

T-bill rates rise on inflation recoil

The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

T-bill rates up across the board

Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Flower prices seen to increase ahead of Valentine’s Day

According to some vendors, flower prices might double or triple next week, citing the anticipated high demand and steep prices of suppliers......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Vikings Clear Lockers, Ride Wave of Emotions

Lindsey Young EAGAN, Minn. - Emotions in the Vikings locker room ran the gamut Monday.Players trickled in following an all-team meeting with Head Coach Kevin O'Connell. Some chattered amongst themselves, while others strolled silently and introspectively. Many exchanged embraces with teammates.Helmets, footballs and Sharpies were passed back and forth throughout the room, as player.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Roundup: Malaysian PM right to stress autonomy in foreign policy: analysts

Roundup: Malaysian PM right to stress autonomy in foreign policy: analysts.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Bitcoins Sell The Fact Pullback Came From Exchanges: Kaiko

Title: Analysts Predict Further Price Drop for Cryptocurrencies; Investors Brace for Potential Losses As the cryptocurrency market faces ongoing volatility, analysts are predicting a further.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 16th, 2024