Below-target inflation supports case for another rate cut, analysts say
THE BANGKO SENTRAL ng Pilipinas (BSP) will be able to further reduce interest rates amid below-target inflation and weak economic growth, analysts said.
“With...
NG debt service bill soars in April
THE NATIONAL Government’s (NG) debt service bill sharply increased year on year in April as amortization payments more than doubled, the Bureau of the...
Assets of Philippines’ largest banks expand by 9.5% in 1st quarter
THE COMBINED ASSETS of the Philippines’ largest banks grew by nearly 10% in the first quarter compared with a year earlier, driven by lower interest rates.