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BSP maintains policy rates

After hiking key rates for nine consecutive rate setting meetings since May 2022, Philippine monetary authorities on Thursday maintained the Bangko Sentral ng Pilpinas’...

Medalla sees need for digital account holders to be vigilant

Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said there is a need for digital account holders to be vigilant against criminals. However, he assured that digital banking in...

Diokno wants pause in rate hikes

Finance Secretary Benjamin Diokno said he wanted the Bangko Sentral ng Pilipinas (BSP) to pause interest rate hikes amid easing inflation. "I’m for a pause,...

BDO sees 8 to 10 percent loan growth

BDO sees 8 to 10 percent loan growth Sy-led BDO Unibank Inc. is forecasting an 8 to 10 percent loan growth this year on expectations...

GCash says working with partners for lower remittance fees

DIGITAL solutions provider Globe said that they are in talks with various international partners, in their bid to have an easier, more secure, and...

Money sent home by overseas Filipinos up 2.4% to $2.86B in...

Personal remittances from overseas Filipinos (OFs) rose by 2.4 percent to $2.86 billion in February 2023 from $2.79 billion recorded in the same month last...

BSP open to pausing monetary rate hikes

Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla hinted at a possible pause in the central bank’s rate-hiking cycle, citing the deceleration of the...

Net foreign direct investments reach $448 million in January

The Bangko Sentral ng Pilipinas (BSP) on Tuesday reported that the country’s net foreign direct investment (FDI) inflows at the start of the year...

Real prices sustain annual increase

Prices of residential real estate in the Philippines registered faster year-on-year growth in the last quarter of 2022 but slower quarter-on-quarter, except for the...

BSP: Business firms more confident on PH economy

Business firms are more confident on the Philippine economy for the first two quarters of this year and the next 12 months given the overall confidence indices (CIs) during...

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