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Think tank: No change in BSP rates

The Bangko Sentral ng Pilipinas is likely to keep key rates steady at its policy meeting on Thursday, according to UK-based think tank Pantheon Macroeconomics......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Women shaping Philippine monetary policy

Women have made significant strides as leaders in the Philippine financial services industry even as challenges continue to persist. At the helm are two distinguished female members of the Monetary Board (MB) – the policy-setting body of the Bangko Sentral ng Pilipinas (BSP) –both of whom are breaking the bias for women in finance......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

BSP to keep policy stance sufficiently tight

Despite the slowdown in the rise in consumer prices in the past four months, monetary authorities deem it necessary to keep monetary policy settings sufficiently tight until there is sustained decline in inflation......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Building code revision for better internet connection – think tank

An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Building code revision for better internet connection – think tank

An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Building code revision for better internet connection – think tank

An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Building code revision for better internet connection – think tank

An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Think tank sees likelihood of BSP rate cuts starting Q2

The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Lagged impact of high rates to take toll on economy – BSP

The lagged effects of monetary policy adjustments last year will continue to take its toll on the economy, with growth likely to fall below government targets anew......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Recto joins BSP’s Monetary Board

Newly appointed Finance Secretary Ralph Recto has formally assumed the role of the government’s representative to the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Philippines to grow at faster pace this year – PIDS

Despite global economic challenges, the Philippine economy is expected to expand at a faster pace this year than in 2023, according to state think tank Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Digital economy contributes 8.4 pct to Philippine economy in 2023

MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

Loss of Russian gas has hurt German economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Losing Russian gas has hurt Germany s economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

BSP’s monetary board retains policy rate at 6.5%

This has been the fifth time the MB kept the interest rate since its off-cycle policy rate hike in October 2023 to mitigate supply-side inflation pressures......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

‘BSP has room to keep policy settings steady’

Monetary authorities have room to keep the country’s monetary policy settings steady this month, even if inflation breaches the four percent upper target in April, according to Bangko Sentral ng Pilipinas Governor Eli Remolona Jr......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

BSP unlikely to cut rates in 1st half

The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Former PACC chief supports Cha-cha through convention

Former Presidential Anti-Corruption Commission (PACC) chair Greco Belgica supports the proposal of Sen. Robinhood Padilla to amend the 1987 Constitution through a constitutional convention (con-con)......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

US supports expansion of responsible seafood sourcing in Iloilo

US supports expansion of responsible seafood sourcing in Iloilo.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Uswag scholarship supports Ilonggos’ future

Uswag scholarship supports Ilonggos’ future.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024