BSP ready to further tweak policy to contain inflation
The Bangko Sentral ng Pilipinas reaffirmed its readiness to tweak its monetary policy stance to rein in inflation in the ...
Read moreTag: Bangko Sentral ng Pilipinas
Fitch Solutions sees PH growing 5.9% in 2023
Fitch Solutions, a unit of Fitch Group, maintained on Friday a 5.9-percent growth forecast for the Philippine economy this year, ...
Read moreHot money posted $887m in net inflows last year
Foreign portfolio investments or hot money posted net inflows of $887 million in 2022, a reversal of the $574-million net ...
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Interest rate hikes bolstered peso, tamed inflation—BSP
Bangko Sentral ng Pilipinas Governor Felipe Medalla said Tuesday monetary authorities successfully contained inflation and prevented the further depreciation of ...
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SBA recognized as one of BSP’s Outstanding Stakeholders in 2022
Sterling Bank of Asia (SBA), one of the country's leading thrift banks, was recognized by the Bangko Sentral ng Pilipinas ...
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Credit card group supports higher ceiling on charges
The Credit Card Association of the Philippines, the umbrella organization of 17 major credit card companies in the country, welcomed ...
Read moreBSP raises ceiling on credit card finance charges to 3%
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, raised the ceiling on monthly finance charges imposed ...
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Solon says proposed wealth fund ‘re-engineered’, eyes IPO launch
The new version of the Maharlika Investment Fund pending approval in Congress dropped the Bangko Sentral ng Pilipinas’ other controversial ...
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BOP yielded $7.3-b deficit on higher imports in 2022
The country’s balance of payments yielded a deficit of $7.3 billion in 2022, a reversal of the $1.3-billion surplus recorded ...
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Cap on credit card rates against consumers’ welfare
Like water seeking the lowest level to move on, interest rates on credit cards should go down when exposed to ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.