Economy

Peso back at 52-to-USD level, PSEi down ahead of GDP report

MANILA -- The continued anticipation of another increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates before yearend lifted the peso back to the 52-to-the-greenback level Wednesday, but the Philippine Stock...

BSP rate hike hopes boost PHP, PSEi down on uncertainties

MANILA -- Expectations of an additional hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates boosted the peso Tuesday but uncertainties pulled down the Philippine Stock Exchange index (PSEi). The local currency...

Another hike in BSP rates seen before yearend

MANILA -- Economists seem to agree that another upward adjustment in the Bangko Sentral ng Pilipinas' (BSP) key rates in November is very likely even if inflation has shown signs of easing,...

Economic managers: Gov’t measures vs. inflation ‘bearing fruit’

MANILA -- Headline inflation stayed at 6.7 percent in October 2018 but declined month-on-month, with the downward path indicating that concerted government efforts to tame rising prices have been bearing fruit. The Philippine...

BSP rates to climb further: ANZ Reasearch

MANILA -- Economic think tank ANZ Research still forecasts another increase in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates, by 25 basis points, in December 2018 even if it turns...

October inflation flat at 6.7%

MANILA -- Inflation in October held steady at 6.7 percent, unchanged from the previous month’s level, leading the Bangko Sentral ng Pilipinas (BSP) to state that it may have finally peaked, as...

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