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The national government will attempt to borrow P180 billion from the domestic debt market in June, lower by P30 billion than the P210 billion programmed for May. The Bureau of the Treasury (BTr) will hold an auction to raise P180 billion through the sale of Treasury bonds (T-bonds) and another…
THE Bangko Sentral ng Pilipinas (BSP) said it is likely to maintain its key policy rates as inflation remains elevated, according to Governor Eli M. Remolona Jr. Remolona told reporters on Monday that the BSP is “still hawkish” if the inflation rate may have settled to 4 percent in April…
Two independent directors were sworn in as private sector representatives to the governing board of the Philippine Deposit Insurance Corporation (PDIC) in
THE Brunei Darussalam Central Bank (BDCB) and Bank of the Lao PDR (BOL) become the latest addition to the Regional Payment Connectivity Initiative (RPC) in the Association of Southeast Asian Nations (Asean). In a joint statement, the RPC said BDCB signed the second supplemental pages of the Memorandum of Understanding…
HIGHER investments in agriculture and infrastructure are potent non-monetary measures that can help bring down inflation, according to Monetary Board members. Monetary Board Member Bruce J. Tolentino told BusinessMirror on Monday that efforts to boost spending for agriculture, infrastructure, power, trade, and government operation will greatly contribute to bringing down…