Economy

Trading week begins on a positive note

By Joann Villanueva/PNA MANILA -- Hopes for a continued rise in interest rates here and in the US boosted the Philippine peso, while clear indications that inflation pressures have waned backed the Philippine...

BSP clearing, settlement ops open on Tuesday

By Joann Villanueva/PNA MANILA – The clearing and settlement operations of the Bangko Sentral ng Pilipinas (BSP) will continue Tuesday even after regular work has been suspended by the local government due to...

Rates of PH T-bills up further

By Joann Villanueva/PNA MANILA -- The Bureau of the Treasury’s (BTr) auction committee fully awarded all tenors of its Treasury bills (T-bills) Monday even with the uptick in rates. Average rate of the bellwether...

Monetary Board adjusts average inflation forecasts

By Joann Villanueva/PNA MANILA -- Average inflation forecasts for 2018-20 were raised after the Monetary Board (MB) took stock of more recent economic developments both here and abroad. The Bangko Sentral ng Pilipinas (BSP)...

Local markets up due partly to BSP rate hike

By Joann Villanueva/PNA MANILA -- Philippines’ main equities gauge rose for the second consecutive day ahead of Bangko Sentral ng Pilipinas’ (BSP) announcement on its latest policy rate decision, while the peso also...

BSP hikes rates by an additional 25 bps

By Joann Villanueva/PNA MANILA -- The Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) on Thursday hiked key policy rates by an additional 25 basis points despite recent numbers indicating that inflation...

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