Page 117 - Bsp News Today

The research units of the Fitch and Moody’s groups expect the Bangko Sentral ng Pilipinas (BSP) to further raise interest rates this year to rein in inflation.

Persistent inflation and the consequently more aggressive policy tightening by the Bangko Sentral ng Pilipinas may temper credit growth of Philippine banks, according to CreditSights Inc.

Foreign banks expect more, but less aggressive rate increases from the Bangko Sentral ng Pilipinas as the regulator sustains its tightening bias to tame the red-hot inflation.

The ongoing tightening cycle of the Bangko Sentral ng Pilipinas (BSP) through a series of interest rate hikes has so far succeeded in anchoring inflation expectations.

The Philippines recorded a balance of payments deficit for the fourth straight month, hitting a 17-month high of $1.82 billion in July, according to the Bangko Sentral ng Pilipinas.

Share prices advanced for a second straight day, ending at their highest in three and a half months, as traders digest the interest rate increase by the Bangko Sentral Pilipinas in efforts to tame rising inflation.

India’s leading steel maker Steel Authority of India Limited will produce small volumes of head hardened steel rails, which needs special heat processing to

The action is aimed to gather evidence with regard to an ongoing investigation against Mukhtar Ansari and his associates under the criminal sections

The Bangko Sentral ng Pilipinas has kicked off the test deployment of satellite internet services in two rural banks as part of the government’s broader efforts to promote access to financial services in remote areas.

As expected, the Bangko Sentral ng Pilipinas yesterday delivered another 50-basis-point rate hike amid the need for follow-through action to help anchor inflation expectations and return inflation to a target-consistent path.