FSCC calls for vigilance among financial sector players in PH as market developments unfold
The Financial Stability Coordination Council (FSCC) recently held its 38th Executive Committee meeting with no less than Bangko Sentral ng…
DTI sees high-level trade mission as key to building stronger business partnerships with the US
A trade official announced recently that the Philippines could soon be looking at forging commercially meaningful partnerships with US businesses…
BSP strengthens ties with regional stakeholders, holds Macroeconomic Conference in Cebu City
Cognizant of its mandate to maintain monetary stability and the convertibility of the peso as well as promoting price and…
BSP recognizes MSMEs’ role in economy, adopts new guidelines on Sustainable Finance Taxonomy
The current sustainable finance framework focuses on capital markets and MSMEs normally get external finance from banks. However, bank-based financial…
BSP moves in lockstep with US Fed Reserve, says it is likely to hold on to higher rates for a while
The Bangko Sentral ng Pilipinas (BSP) has been focusing on financial stability since mid-2009 and one of the ways through…
Monetary Board maintains policy settings in view of predicted El Niño return this year
Due to its location in the Pacific region, the Philippines has often experienced the adverse consequences of El Niño —…
LANDBANK advances agriculture growth in the countryside with P755.1-B loan package in 2023
Agriculture plays a key role in the Philippine economy. It contributes an average of 20 percent to the country’s Gross…
End of January 2024 GIR level settles at US$103.4 billion, headline inflation dropped to 2.8% YOY
Based on preliminary data from the Bangko Sentral ng Pilipinas (BSP), the Philippines’ gross international reserves (GIR) level has settled…
Beyond remittances: PIDS study calls for holistic policymaking for OFWs
While remittances from Overseas Filipino Workers (OFWs) have become a vital lifeline for the Philippine economy, a new study by…
Small-time online sellers exempt from taxes says BIR
Online sellers making below P500,000 in yearly sales don’t have to pay creditable withholding taxes according to the Bureau of…