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Sans hard landing, BSP not keen on sharp rate cut

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…

RRR, rate hikes slowed bank lending–BSP study

RRR, rate hikes slowed bank lending–BSP study
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

Trade gap, debt widen April BOP deficit–BSP

DEBT payments led to a wider Balance of Payments (BOP) deficit in April 2024, according to the Bangko Sentral ng Pilipinas (BSP). The BSP said the BOP deficit widened by 331.76 percent to $639 million in April 2024 from the $148-million deficit in April 2023. This led to a reversal…

Higher loan interest hikes PHL debt service

Higher loan interest hikes PHL debt service
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

PHL economy posts 5 7% growth in Q1 of 2024 - PSA

PHL economy posts 5 7% growth in Q1 of 2024 - PSA
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

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