FILIPINOS looking for better interest rates at which to borrow may have to wait longer before the Bangko Sentral ng Pilipinas (BSP) brings down rates by over 100 basis points (bps). Finance Secretary Ralph G. Recto earlier expressed confidence that the Monetary Board could reduce key policy rates by 150…
MANILA -Philippine annual inflation quickened for a fourth straight month in May due largely to the faster pace of increases in housing, utility and transport costs, the.
MANILA: Philippine annual inflation quickened for a fourth straight month in May due largely to the faster pace of increases in housing, utility and transport costs, the statistics agency said on Wednesday (Jun 5). The consumer price index rose 3.9 per cent in May from 3.8 per cent the previous month, mark
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