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Archives

PH inflation seen to fall below target in Q3 ’20 to Q1 ‘21

MANILA – The country’s inflation rate is seen to decelerate below the government’s 2 percent to 4 percent target starting in …

BSP’s term deposit facility rate declines on high demand

MANILA – Rate of the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposit facility (TDF) fell Wednesday due to strong demand …

Landbank chief supports national ID program

MANILA – Land Bank of the Philippines (Landbank) President and Chief Executive Officer (CEO) Cecilia Borromeo on Wednesday said the Philippine …

Dominguez denies he’s the reason for Pernia’s resignation

MANILA – Finance Secretary Carlos Dominguez III has decried allegations naming him as the reason behind the resignation of Socioeconomic Planning …

BSP cuts rates by 50 bps to boost lending amid pandemic

MANILA – Philippine monetary officials on Thursday reduced anew the Bangko Sentral ng Pilipinas’ (BSP) key policy rates by 50 basis …

BSP resumes 7-day TDF auction, rate declines

MANILA – After four weeks of suspension, the Bangko Sentral ng Pilipinas (BSP) on Wednesday resumed the auction for its term …

‘Bolder but appropriate moves’ needed vs. Covid-19 impact

MANILA – Cutting back the Bangko Sentral ng Pilipinas (BSP) key policy rates to its 2018 level will not be enough …

BSP undertakes extraordinary measures to boost liquidity

MANILA – The Bangko Sentral ng Pilipinas (BSP) is shoring up domestic liquidity to address the economic impact of the coronavirus …

PNB waives fees for remittances from Filipinos overseas

MANILA – The Tan-led Philippine National Bank (PNB) is allowing Filipinos overseas to send money to their families who have PNB …

DOF chief assures availability of funds for Covid-19 response

MANILA – The government has come up to date with about PHP1.17 trillion worth of fiscal and monetary measures to help …

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