Gov’t intensifies actions to protect Filipinos’ purchasing power from the effects of El Niño
Finance Secretary Ralph G. Recto has assured the Filipino public that the government is intensifying targeted actions to further protect…
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…
BSP wary about additional “financial accidents” amid rate increases made by US Federal Reserve
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, Jr. recently expressed concern about further “financial accidents” that may be brought…
Headline inflation in PH eases further to 5.4 percent in June this year
This year’s headline inflation decelerated further to 5.4 percent year-on-year in June from 6.1 percent in May, settling near the…
GrabFinance enhances its Quick Cash program to better support MSMEs in the post-pandemic era
Grab’s lending arm recalibrates the loan product, improving the disbursement period, application process, and interest rate. GrabFinance, Grab’s official lending…
BSP underscores commitment to price stability at Philippine Economic Briefing in Washington, D.C.
Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla recently underscored the central bank’s commitment to bring the country’s inflation…
PH economy to continue posting robust growth in 2023, 2024 despite inflation pressures — ADB
According to a new report released by the Asian Development Bank (ADB), the Philippines’ economic growth is expected to be…
BSP vows to bring inflation back within target as Monetary Board raises policy rate by 75 basis points
Effective today, November 18, the Monetary Board said that the interest rate on the overnight reverse repurchase facility of the…