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WITH the higher-than-expected inflation in January and the recovery of consumption spending, the Bangko Sentral ng Pilipinas (BSP) said it is possible for monetary authorities to further raise interest rates in the Monetary Board’s succeeding meetings. On Thursday, the MB increased the BSP’s overnight reverse repurchase facility by 50 basis…
THE Bangko Sentral ng Pilipinas (BSP) is expected to be aggressive in increasing interest rates this week on the back of the 8.7-percent inflation rate recorded in January 2023, according to Moody’s Analytics. The think tank expects the BSP to raise interest rates by 50 basis points in its meeting…
MANILA — Philippine's central bank is ready use the "full force" of monetary policy measures to combat inflation and support the peso currency after the
State auditors in a 2021 report flagged the Office of the Vice President under former vice president Leni Robredo for hiring a private legal counsel. The
Philippine Canadian Inquirer PH hosts Asean forum exercise vs. biological incidents