Page 39 - Monetary Board News Today

THE second quarters lower-than-expected growth slowdown was a disappointing result that could lead to the full-year result coming in below target, analysts said on Thursday.

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UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assess the latest inflation figures in the Philippines. Key Takeaways The Philippi

Philippines - SyCipLaw Banking Bulletin - July 2023. Legal News and Analysis - Philippines - Banking & Finance -

THE Bangko Sentral ng Pilipinas (BSP) on Friday reiterated its commitment to adjusting its monetary policy position to address a potential increase in prices of basic goods despite a 4.7 percent deceleration in inflation in July.

GIVEN recent developments, the Bangko Sentral ng Pilipinas (BSP) said the country may overshoot the inflation target this year. Nonetheless, with various measures to address supply chain issues, the country may still be able to “stick the landing” when it comes to the government’s inflation targets, according to BSP Governor…

A DECISION to resume hiking interest rates should be carefully considered given the aggressive tightening implemented over the past year, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said on Friday.

The Philippine Stock Exchange Inc. (PSE) has elected two new independent directors—Peter B. Favila and Andrew Jerome T. Gan—during its annual stockholders’ meeting. Favila was director of the PSE from 2002 to 2005 and for a short while, served as chairman of the bourse. He served as secretary of the…

Stella Arnaldo THE torrential rain last Friday certainly didn’t keep the leaders in the banking and financial sectors from attending the reception to get to know the new Bangko Sentral ng Pilipinas (BSP) Governor Dr. Eli M. Remolona Jr. and celebrate the monetary institution’s 30th anniversary. A proud product of…

THE Philippines has limited flexibility to be separated monetarily from the US Federal Reserve (Fed), HSBC Global Research said, stressing that the central bank could start cutting interest rates in the third quarter of 2024.