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Market climbs ahead of BSP meeting

The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

BSP keeps policy rate at 6.5%

In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Monetary Board awaits Palace word on government representative

The Bangko Sentral ng Pilipinas is awaiting word from Malacañang as to who will be the government representative in the seven-member Monetary Board......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Diokno as Monetary Board member: I’m now cooling down

Former finance secretary Benjamin Diokno says he is now on a cooling down mode as he was sworn in as the last member of the Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos

Nanindigan si Speaker Ferdinand Martin Romualdez na ang trilateral summit ng Estados Unidos, Japan at Pilipinas ay isang pagkilala sa pamumuno at foreign policy ni Pangulong Bongbong Marcos. The post Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Unilab Center for Health Policy launched to help bridge healthcare system gaps in Philippines

Unilab Foundation (ULF) launched the Unilab Center for Health Policy (UCHP), a venue for stakeholders to examine health policy issues......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Unilab launches hub for health policy issues

Unilab Foundation recently launched the Unilab Center for Health Policy to serve as a venue for stakeholders to examine health policy issues.....»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Pasil fish traders upset over Gwen’s wet goods transport policy

CEBU CITY, Philippines- Several fish traders at the Pasil Fish Port are complaining regarding a new policy of the Cebu Provincial Government which prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. The policy, outlined in Executive Order (EO) No. 2 issued by Governor.....»»

Category: newsSource:  inquirerRelated NewsFeb 5th, 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

No change in BSP rates

As widely expected, the Bangko Sentral ng Pilipinas kept interest rates unchanged at a 16-year high as monetary authorities are looking for a more sustained downward trend in inflation......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 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

Peso weakness could prompt rate hike anew – IMF

Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

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:  philstarRelated NewsApr 5th, 2024

T-bill rates ease ahead of Fed meet

Rates for the government’s short-term securities eased for the second straight week ahead of the monetary policy decision of the US Federal Reserve......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Rate cut seen to boost growth

The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 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

January 2024 Jobs Report: 353,000 Jobs Added, Unemployment at 3.7%

Title: Job Market Surges in January, Wages Soar and Unemployment Holds Steady Subtitle: Increased Hiring Boosts Economy, Potential Impact on Federal Reserve’s Monetary Policy Byline:.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

MB roster a mix of ‘hawks and doves’ – ING

Dutch financial giant ING said the policy-making body of the Bangko Sentral ng Pilipinas is divided when it comes to the country’s monetary stance with the completion of the seven-member roster......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Under Biden, US reimagines Asian alliances as lattice fence

Seoul, South Korea - For decades, U.S. policy in Asia has relied on what was informally known as the "hub and spokes" system of bilateral alliances. But lately, U.S. officials have used another analogy to describe their vision for the region: a lattice fence.It may sound like only a metaphorical tweak, but officials in the administration of U.S. President Joe Biden say it could have big implications, as they try.....»»

Category: newsSource:  manilanewsRelated NewsApr 17th, 2024

Marcos Jr. bans ‘wang-wang’ use by government officials

For road safety and better traffic management, President Marcos has revived a policy prohibiting government officials and personnel from using sirens or wang-wang, blinkers and other similar signaling or flashing devices......»»

Category: newsSource:  philstarRelated NewsApr 12th, 2024