The steady inflation rate will allow the Bangko Sentral ng Pilipinas (BSP) to further reduce interest rates to boost consumer ...
The Bangko Sentral ng Pilipinas (BSP) partnered with the Palawan Group of Companies (PGC) to bring the Piso Caravan to more ...
Annual inflation holds steady in January Jan CPI above market expectations Philippine c.bank to take “measured approach” in policy easing MANILA — The Philippine central bank will take a “measured ...
The slower-than-expected economic growth in 2024 supports the continued monetary easing by the Bangko Sentral ng Pilipinas, ...
BSP Governor Eli Remolona has hinted at a 50 basis point cut in the monetary policy rate this year and a 200 basis point cut in the banks’ reserve requirement in the middle of the year.
BAGUIO, Philippines — The Philippine central bank said on Friday an interest rate cut may be considered next month when it ...
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by eventually weaning the country from its dependence on ...
KTM has announced new schedules for its Komuter service due to progressing work on the Klang Valley Electrified Double Track Phase 2 (KVDT2) project from KL Sentral to Port Klang. The changes ...
THE PHILIPPINE banking system’s gross nonperforming loan (NPL) ratio eased in November, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. The industry’s gross NPL ratio slipped to ...
MANILA, Philippines — Swiss banking giant UBS AG has officially closed its representative office in the Philippines, the Bangko Sentral ng Pilipinas (BSP) announced. UBS, however, will maintain ...