THE Bangko Sentral ng Pilipinas (BSP) said it will shift its emphasis to two-year assessments of inflation patterns rather than monthly forecasts.
THE Bangko Sentral ng Pilipinas (BSP) said it will shift its emphasis to two-year assessments of inflation patterns rather than monthly forecasts.
THE COUNTRY’S net external liability position declined in the first quarter of 2017 despite persistent volatility on global markets, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
THE CENTRAL BANK trimmed its forecasts for the 2017 balance of payments (BoP) position as it now projects a second year in deficit on the back of uneven global growth that could weigh on the country’s prospects.
THE CENTRAL bank wants lenders and financial institutions to recognize possible growth opportunities in the agricultural industry, with the regulator urging banks to expand their services to the sector.
THE BANGKO SENTRAL ng Pilipinas (BSP) will announce its latest forecasts on the country’s external payments position next month, a senior official said, while noting that some recovery is expected in terms of capital inflows as market uncertainty eases.
RICE PRICES are expected to remain stable with over two months’ worth of buffer stocks available, a senior central bank official said, while noting that imports brought in by the private sector are unlikely to cause a sharp drop in the price of the staple.
THE GOVERNMENT must find a way to support local farmers to cushion the blow from the influx of cheap rice, the Bangko Sentral ng Pilipinas (BSP) said as it backed the lifting of rice import restrictions by July.
MORE TOWNS and provinces applied for a creditworthiness opinion from the Bangko Sentral ng Pilipinas (BSP) last year before taking out loans, the central bank governor said, with the bulk of the borrowing meant for infrastructure projects.
PRIVATE SECTOR economists see inflation for 2015 logging in at 1.6%, slightly below the official target set by government and closer to the central bank’s projection for the full year, a recent survey of the Bangko Sentral ng Pilipinas (BSP) showed.