Business

BSP moderates inflation forecasts for 2018-2020

By Joann Villanueva/PNA MANILA -- Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) on Thursday dialed back slightly the inflation assumption for 2018-20 after latest forecasts suggest more restrained inflationary pressures...

BSP keeps rates steady

By Joann Villanueva/PNA MANILA -- Philippine monetary officials on Thursday kept key rates steady amid a deceleration in inflation, which is expected to ease back within government's target levels by the second half...

Filipinos’ financial literacy improving: Sun Life exec

By Joann Villanueva/PNA MANILA -- Sun Life Financial Philippines country head and Chief Executive Officer (CEO) Benedict Sison said he is banking on Filipinos’ improved financial literacy to drive the company's continued...

Recovery in local markets sustained

By Joann Villanueva/PNA MANILA -- The slight easing of global trade tensions following reports that China will reduce tariffs on US-made cars, allowed the Philippine peso to regain its footing against the greenback...

PH growth second fastest in Southeast Asia: ADB

By Leslie Gatpolintan/PNA MANILA -- The Philippines is expected to become the second fastest growing economy in Southeast Asia after Vietnam over the next years, supported by robust public and private investment, the...

PH’s CA affected by changes in economy’s requirements

By Joann Villanueva/PNA MANILA -- An economist for ING Bank Manila said the Philippine economy’s continued expansion is not expected to give the country’s current account (CA) deficit leeway and this might...
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