Analysts see stock market moving sideways this week
Share prices may move sideways this week with an upward bias, as investors await the release of January inflation rate, ...
Read moreTag: BSP
BSP expected to increase rate by 25 bps to match Fed action
The Bangko Sentral ng Pilipinas may be compelled to match the latest 25-basis-point hike in interest rate by the US ...
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US bank sees BSP increasing borrowing rate to 6% in 1st half
Citi, the largest foreign bank in the Philippines, expects the Bangko Sentral ng Pilipinas to increase the policy interest rate ...
Read moreBank loans grew 13.4% in December
Bank loans grew 13.4 percent year-on-year in December, slower than the 13.9-percent expansion in December, latest data from the Bangko ...
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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 ...
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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 ...
Read moreBOP 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 ...
Read moreRemittances grew 3.3% to $29.38b in 11 months
Cash remittances grew 5.7 percent in November to $2.64 billion from $2.50 billion a year ago, on sustained deployment of ...
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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.