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The ongoing easing cycle will boost business confidence and help speed up the recovery of private investment, which has yet to recover to prepandemic level and make bigger contributions to economic growth, Metrobank Research said. In a commentary, M
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INQUIRER FILE PHOTO The Bangko Sentral ng Pilipinas (BSP) on Friday announced it will further reduce the reserve requirement ratio (RRR) of banks in a bid to inject more liquidity to the domestic economy. The BSP will cut the RRRs by 250 basis point
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INQUIRER FILE PHOTO MANILA, Philippines The Bangko Sentral ng Pilipinas (BSP) on Wednesday cut the policy rate again by 25 basis points to 6 percent, as cooling inflation provided enough room for further easing. The decision was widely expected. An
Coin deposit machine located in SM Mall of Asia. | PHOTO: Bangko Sentral ng Pilipinas MANILA, Philippines The Bangko Sentral ng Pilipinas (BSP) said more than P1 billion worth of coins have been deposited through its coin deposit machines (CoDM). In
Bangko Sentral ng Pilipinas (File photo / Philippine Daily Inquirer) MANILA, Philippines The net income of the Bangko Sentral ng Pilipinas (BSP) went up by more than 400 percent in January to July this year. Preliminary data from the BSP showed that
INQUIRER FILE PHOTO MANILA The Bangko Sentral ng Pilipinas (BSP) Monetary Board approved $3.81 billion public sector foreign borrowings in the third quarter of the year. Data released by the BSP on Tuesday showed the public sectors foreign borrowing