BSP moves away from monthly inflation forecasting — Espenilla
By Melissa Luz T. Lopez,Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) said it will shift its emphasis to two-year assessments of inflation patterns rather than monthly forecasts.
BSP Governor Nestor...
E. Visayas leads growth in household spending
By Christine J. S. Castañeda
Researcher
HOUSEHOLD SPENDING last year increased in 16 out of the country’s 18 regions, led by the Eastern Visayas, data released...
More banks shifting to one-day check clearing
By Melissa Luz T. Lopez,Senior Reporter
LENDERS have generally been able to adopt the one-day clearing for checks, although the central bank wants a faster processing time to make funds...
Stocks climb further as Fed keeps rates steady
LOCAL SHARES climbed further on Thursday as US markets logged record highs, with investors also factoring in the widely expected decision from the Federal...
EastWest Bank gives clients until July 31 to claim new EMV cards
EAST WEST Banking Corp.’s (EastWest Bank) clients only have until next week to switch their magnetic strip cards to microchip-enabled ones, with the lender...
Vanishing current account buffer raises peso risk
THE OUTLOOK for the Philippine peso -- Asia’s worst-performing currency -- just keeps getting grimmer.
May’s trade shortfall was the biggest in data going back...
Fed signals confidence
WASHINGTON -- The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings of bonds...
Kapit sa Patalim: Trafficking in the Land of the Free
Kapit sa Patalim
Trafficking in the Land of the Free
Words by
Santiago J. Arnaiz
Art by
Mags OcampoEleonor Ramos couldn’t sleep at all that night. The sound of...