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BPI economist optimistic of PH economic recovery in 2020

MANILA — An official of Ayala-led Bank of the Philippine Island (BPI) is optimistic about the improvement of the Philippine economy …

Diokno cites reasons for FDIs’ drop

MANILA — Aside from the impact of global trade developments, a wait-and-see stance on the outcome of the proposed corporate income …

Exec eyes growth for HSBC financial service

MANILA — Continuous growth of the Philippine economy made a ranking HSBC official forecast a robust expansion for the bank’s personalized …

BSP cuts RRR anew by 100 bps

MANILA – Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) on Friday announced another cut in banks’ reserve requirement ratio …

DOF exec cites need to impose tariff on sugar imports

MANILA – The Philippine government’s quantitative restriction (QR) on sugar needs to be replaced by tariffs to make the industry competitive …

H1 ’19 TRAIN collections rise to P55.6-B

MANILA — Revenues from the Tax Reform for Acceleration and Inclusion (TRAIN) Law rose 65 percent year on year to PHP55.6 …

Diokno cites need to tap tech to push for digital payments

MANILA — Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno on Wednesday highlighted the need to continuously tap technological innovations to …

Dominguez raises need for SSS to hike income

MANILA — Finance Secretary Carlos Dominguez III has underscored the need for state-run Social Security System (SSS) to “dramatically increase income” …

SSS execs eye 32.3M e-transactions by 2020

MANILA – Banking on technological innovations to further enhance services, officials of state-run Social Security System (SSS) target to increase to …

BSP eyes August inflation at 1.3% to 2.1%

MANILA — Philippine monetary officials forecast a further deceleration of the inflation rate with August 2019 figure projected to stay between …

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