Local shares extend climb on BSP easing hopes
LOCAL SHARES closed higher on Monday on expectations of further monetary easing from the Bangko Sentral ng Pilipinas (BSP) amid dismal growth prospects.
The Philippine...
DPWH wants P45-B back to keep projects moving
The Public Works department asked lawmakers on Sunday to restore about P45 billion cut from its 2026 budget, warning that the shortfall could slow...
Inflation risks may limit BSP easing
EMERGING RISKS to inflation may limit the Philippine central bank’s ability to ease further in 2026 despite an expected economic slowdown, analysts said.
Car sales to grow 5% next year, says CAMPI
THE CHAMBER of Automotive Manufacturers of the Philippines, Inc. (CAMPI) is eyeing a 5% growth in vehicle sales next year amid improving supply chains, introduction of new models, and public acceptance of electrified vehicles (EVs).
Growth in big banks’ assets, loans slowed sharply in Q3
THE PHILIPPINES’ largest banks saw the weakest asset growth in over three years in the third quarter as the flood control mess weighed on economic activity.
Bicam’s budget rush raises transparency risks
BUDGET WATCHDOGS warned that Congress’ rushed timetable to finalize the P6.793-trillion national budget for 2026 increases the risk of unchecked amendments and last-minute insertions, potentially undermining transparency.
Peso to move sideways before key data releases
THE PESO could trade sideways against the dollar this week as players await the release of Philippine and US economic data.
On Friday, the local...
Stocks may sustain momentum on policy support
PHILIPPINE SHARES may sustain their momentum and continue to climb this week following the bellwether’s return to the 6,000 level on Friday after both...
BSP chief leaves door open to one last cut, rules out off-cycle move
By Katherine K. Chan
THE BANGKO SENTRAL ng Pilipinas (BSP) may cut benchmark rates by another 25 basis points (bp) next year to end its...
Remolona tempers hawkish view, sees one more cut
Philippine central bank Governor Eli M. Remolona Jr. said monetary authorities may cut the benchmark interest rate one more time in the current easing...
Philippine central bank governor says intervening in forex market ‘a little bit’
MANILA - Philippine central bank governor Eli M. Remolona, Jr. said on Friday the bank is intervening in the foreign exchange market to dampen...
BSP cuts key rate, signals easing cycle nears end
By Katherine K. Chan
THE Bangko Sentral ng Pilipinas (BSP) on Thursday lowered its benchmark policy rate anew by 25 basis points (bps) to 4.5%...