We are sorry, the requested page does not exist
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......»»
‘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......»»
Consumption seen to remain under pressure
Consumption, a key driver of the country’s economic growth, is expected to be challenged this year even with easing inflation, according to UK-based think tank Pantheon Macroeconomics......»»
Moody’s: BSP rate cut could start in August
The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
DA working double time to increase rice production at lower cost amid inflation
The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»
BSP: Inflation surpassed target in March
Inflation likely continued its uptick in March but breaching the target of the central bank for the first time in three months amid more expensive electricity costs, oil and food prices......»»
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......»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
‘Inflation uptick far from over’
The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»
Inflation quickens to 3.4 percent in February
Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
BSP seen to stand pat on policy rates anew
The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
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.......»»
‘Philippines tourism alive again’
With more Filipinos able to afford traveling around the country and even overseas, a travel executive declared that the Philippines’ tourism industry is alive again amid continuous easing of pandemic restrictions......»»
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.....»»
Mandaue’s April inflation highest in CV
Mandaue’s April inflation highest in CV.....»»
Central Visaya’s inflation remains at 3.2% in April
Central Visaya’s inflation remains at 3.2% in April.....»»
Higher April inflation drags market
The stock market returned to its losing ways after the country’s inflation was reported to have quickened in April......»»