NEW TAXES expected to be in place by next year will likely have a one-off impact on inflation, the Bangko Sentral ng Pilipinas (BSP) said, adding that such adjustments would not cause a sudden surge in commodity prices.
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 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.
PHILIPPINE external debt rose at end-June from a year ago, the Bangko Sentral ng Pilipinas (BSP) said, but still stood at a “comfortable” level with more than enough reserves to cover for foreign borrowings.
BENIGN INFLATION seen in February will allow the Bangko Sentral ng Pilipinas (BSP) to keep monetary policy settings unchanged during this month’s meeting, an economist from ING Bank NV said, as the markets also await fresh hints from the United States about the next “lift-off.”
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.
THE BALANCE of payments (BoP) position was in surplus in December, bringing the 2015 balance well above the $2 billion surplus expected for the year, the Bangko Sentral ng Pilipinas (BSP) said.
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.
MORE families of overseas Filipino workers (OFWs) used their remittances on savings this quarter than in the previous three months, according to a new survey conducted by the Bangko Sentral ng Pilipinas (BSP).
BAGAC, BATAAN — Results of a survey looking into the country’s financial inclusiveness from the consumer perspective are set to be released this week, a Bangko Sentral ng Pilipinas (BSP) official said.