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Archives

CREATE bill to attract more investments, save and create jobs

MANILA – The proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) will not put to waste incentives being extended …

Lawmakers urged to pass stimulus proposals to boost PH economy

MANILA – The Bangko Sentral ng Pilipinas (BSP) said the sooner the proposed stimulus measures are approved, the better to further …

PH to benefit from US-China trade tension: Diokno

MANILA – The US-China trade war is seen to have a limited impact on the Philippine economy and is even considered …

US-China dispute weakens PH stocks, peso

MANILA – Trade concerns between the US and China again worried investors resulting in the negative close of the Philippine Stock Exchange …

No pressure to cut banks’ reserve requirement level anew: Diokno

MANILA – Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno discounted the need for another cut in banks’ reserve requirement ratio (RRR) …

BSP: FIST law needed vs. Covid-19’s impact on banks

MANILA – Monetary authorities are pushing for the enactment of the proposed Financial Institutions Strategic Transfer (FIST) law to help banks …

Diokno cites opportunities for digital transactions post Covid-19

MANILA – The global pandemic has provided the Bangko Sentral ng Pilipinas’ (BSP) financial inclusion and digital transformation’s bid further boost …

BSP’s 7-day term facility rate declines anew

MANILA – The rate of the Bangko Sentral ng Pilipinas’ (BSP) seven-day term facility slipped anew on Wednesday. Data released by …

BSP cuts ’20 remittance growth forecast to 2%

MANILA — Philippine monetary officials further reduced their growth projection for inflows from overseas Filipino workers (OFWs) this year to two percent …

Trade concerns weaken PH main equities gauge, peso

MANILA – Concerns over the trade tension between the US and China resulted in the risk-off sentiment and the negative close of …

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