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2017 inflation still benign: central bank

MANILA, Aug. 4 — Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said domestic inflation remains benign despite the …

BSP chief eyes more forex liberalization

MANILA, July 31—  Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. vows further foreign exchange liberalization to help address …

PSEi up, PHP weakens after martial law declaration in Mindanao

Rodrigo Duterte’s declaration of martial law in Mindanao but the peso shed against the US dollar. The main stocks index …

NEDA chief eyes better contribution from agriculture in Q1 2017 GDP

HONG KONG—The agriculture sector is seen to contribute to the sustained growth of the Philippine economy in the first quarter …

ASEAN Leaders cite latest banking integration outcomes

MANILA–ASEAN Leaders welcomed the latest development on banking integration in the region, citing that this will further ease trade facilitation …

BDO targeting PHP28-B net income for 2017

MANILA—The Sy-led BDO Unibank has penciled a PHP28 billion profit guidance for 2017, up from its record-high PHP26.1 billion net …

BSP signs pact with Malaysia, Thailand for banking integration

MACTAN ISLAND—Philippine and Malaysian banks that have been recognized as qualified ASEAN Banks (QABs) have received a boost to enter …

Banks offer lower bids for BSP’s TDF

MANILA–Undersubscriptions were registered for both the seven-day and 28-day term deposit facilities (TDF) of the Bangko Sentral ng Pilipinas (BSP) …

Tetangco says Brexit still has limited impact on PHL

MANILA–Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. continues to see limited impact on the Philippine economy of …

BSP requires remittance companies to make their fees public

MANILA—Bangko Sentral ng Pilipinas-regulated remittance service providers, other than banks, are now required to post their domestic remittance fees in …

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