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Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource: philstar philstarApr 5th, 2024

BDO funds projects to address water crisis

Three major projects that address water scarcity and preserve clean water resources benefited from a $100-million blue bond issuance of BDO Unibank Inc......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

BDO profit hits record P73.4 billion in 2023

BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

[Vantage Point] BDO lifts NAIA rehab

Transportation Secretary Jaime Bautista says BDO chairperson Teresita Tan Sy-Coson's generous guarantee has given his department comfort that the winning bidder will not lack the needed wherewithal to pursue the project.....»»

Category: newsSource:  rapplerRelated NewsFeb 17th, 2024

Every first Tuesday is Kabayan Day at SM malls

BDO Remit, the remittance service brand of BDO Unibank, in partnership with SM, unveils Kabayan Day, an exclusive year-round promo for overseas Filipinos and their families......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

BDO raises record P63 billion from bond offer

BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

BDO shortens second Asean sustainability bond offer period

BDO shortens second Asean sustainability bond offer period.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Higher consumption seen to drive GDP growth faster

The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Retail prices of building items increase at faster pace in April

Retail prices of construction materials in Metro Manila moved up at a faster rate in April from the previous month, with most commodity groups posting higher increases, according to the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Bank of Japan ends negative interest rate policy

Bank of Japan ends negative interest rate policy.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

BSP keeps rates unchanged; inflation still global problem

The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

Inflation likely to continue downtrend – Global Source

Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Philippine inflation rate slightly quickens to 3.8 pct in April

MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

Inflation rate in Cebu Province decelerates in April 2024

CEBU CITY, Philippines — The inflation rate in Cebu Province for April 2024 has decelerated to 0.2 percent from 0.3 percent in March, according to the report of the Philippine Statistics Authority (PSA) Cebu on Thursday, May 16. PSA Cebu’s Chief Statistical Specialist Melchor Bautista said the headline inflation slowed down in April 2024 mainly.....»»

Category: newsSource:  inquirerRelated NewsMay 16th, 2024