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BSP moves away from monthly inflation targeting — Espenilla

 Economy
Jul 272017
 

THE Bangko Sentral ng Pilipinas (BSP) said it will shift its emphasis to two-year assessments of inflation patterns rather than monthly forecasts.

 Posted by BusinessWorld Online: Economy at 5:13 pm  No Responses »  Tagged with: BSP

BSP moves away from monthly inflation forecasting — Espenilla

 Economy
Jul 272017
 

THE Bangko Sentral ng Pilipinas (BSP) said it will shift its emphasis to two-year assessments of inflation patterns rather than monthly forecasts.

 Posted by BusinessWorld Online: Economy at 5:13 pm  No Responses »  Tagged with: BSP

Net external liabilities fall in Q1, BSP says

 Economy
Jun 302017
 

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.

 Posted by BusinessWorld Online: Economy at 2:02 pm  No Responses »  Tagged with: Bangko Sentral, BSP

BSP sees another balance of payments deficit in 2017

 Economy
Jun 162017
 

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.

 Posted by BusinessWorld Online: Economy at 2:02 pm  No Responses »  Tagged with: BSP

BSP’s Espenilla says banks missing out on agri opportunities

 Economy
May 122017
 

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.

 Posted by BusinessWorld Online: Economy at 2:02 pm  No Responses »  Tagged with: BSP

BSP expects recovery in BoP position amid forecast review

 Economy
Apr 232017
 

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.

 Posted by BusinessWorld Online: Economy at 2:41 pm  No Responses »  Tagged with: BSP

BSP does not expect rice imports to depress prices

 Economy
Apr 232017
 

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.

 Posted by BusinessWorld Online: Economy at 2:38 pm  No Responses »  Tagged with: BSP

BSP sees end of rice QRs helping ease inflation

 Economy
Apr 202017
 

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.

 Posted by BusinessWorld Online: Economy at 6:39 am  No Responses »  Tagged with: Bangko Sentral, BSP

Surge in LGU borrowing seen in demand for BSP credit opinions

 Economy
Feb 212016
 

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.

 Posted by BusinessWorld Online: Economy at 1:39 pm  No Responses »  Tagged with: Bangko Sentral, BSP, LGU

Annual inflation seen still short of BSP target

 Economy
Oct 252015
 

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.

 Posted by BusinessWorld Online: Economy at 5:59 pm  No Responses »  Tagged with: Bangko Sentral, BSP
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