The Bangko Sentral ng Pilipinas (BSP) said the decision of the wage board granting a P30 cost of living allowance (COLA) instead of a direct wage hike won’t stoke inflation in the country.
The Bangko Sentral ng Pilipinas (BSP) said the decision of the wage board granting a P30 cost of living allowance (COLA) instead of a direct wage hike won’t stoke inflation in the country.
The country’s balance of payments (BOP) position posted a deficit for the second straight month in April as the government paid more maturing foreign obligations, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
The net inflow of speculative investments or “hot money” was cut by more than half in the first four months of the year as investments in shares listed at the Philippine Stock Exchange (PSE) declined, the Bangko Sentral ng Pilipinas (…
Funds raised by companies operating in the country through the issuance of shares and bonds climbed 13.5 percent to P70.4 billion in the first two months of the year from P62 billion a year ago, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
The Bangko Sentral ng Pilipinas (BSP) and the state-run Philippine Deposit Insurance Corp. (PDIC) approved the enhanced and extended version of a P5-billion program aimed at strengthening the rural banking industry for faster consolidation in the banki…
The Bangko Sentral ng Pilipinas (BSP) and the state-run Philippine Deposit Insurance Corp. (PDIC) approved the enhanced and extended version of a P5-billion program aimed at strengthening the rural banking industry for faster consolidation in the banki…
The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the amount of money circulating in the economy grew at a slower pace of 5.6 percent in March from 7.2 percent in February.
Remittances from overseas Filipino workers (OFWs) climbed by 5.4 percent in the first quarter of the year on the back of the sustained demand for skilled Filipino workers overseas, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
Loans extended by universal and commercial banks operating in the Philippines grew at a faster pace in March as corporate borrowers sourced more loans from banks to bankroll their expansion projects, the Bangko Sentral ng Pilipinas (BSP) reported yeste…
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