The Business Times

Bangko Sentral ng Pilipinas

Banking & Finance

Surprise rate decisions in Asia signal growing economic unease

BSP's decision underscores policymaker concern that the corruption scandal, which has already rattled investor confidence, could damage one of Asia’s fastest-expanding economies.
ASEAN Business

Philippine central bank unexpectedly cuts rates as graft scandal hits confidence

E-wallets have been instrumental in the online gambling boom.
ASEAN Business

Philippine central bank orders e-wallets, payment apps to remove online gambling links

Bangko Sentral ng Pilipinas Governor Eli Remolona told Reuters on July 28 that the central bank was on track to cut its key interest rate, currently at a two-and-a-half-year low of 5.25 per cent, two more times this year, with the timing dependent on the outlook for growth and inflation.
ASEAN Business

Philippine central bank signals August rate cut

Should investor sentiment prove rosier than expected, Maybank analysts see Indonesia as the biggest winner of investor flows.
ASEAN Business

Ringgit, rupiah, baht and peso tipped to strengthen despite rate-cut signals

The Philippine peso has strengthened around 1 per cent against the US dollar this year.
International

Rate cuts to help Philippines hit 7% growth, finance chief says

Effective Mar 28, banks' reserve requirement ratio will fall to 5 per cent from 7 per cent which will release at least 300 billion pesos into the financial system.
Banking & Finance

Philippine central bank chief says more rate cuts on the table

The Philippines pauses easing cycle, signals jumbo RRR cut soon
ASEAN Business

The Philippines pauses easing cycle, signals jumbo RRR cut soon

The BSP has flagged a fourth consecutive 25 basis point rate cut at its Feb 13 meeting.
International

Philippine central bank to take ‘measured approach’ in easing as inflation steadies

Borrowing costs in the Philippines have remained elevated even after a total of 75 basis points in rate cuts from August to December last year.
International

Philippine finance chief sees slower rate cuts on global risks

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