BSP tightens corporate governance guidelines
THE BANGKO SENTRAL ng Pilipinas (BSP) has tightened the requirement for seats and term limits of independent board directors, as part of efforts to...
2017 GDP goal within reach — Moody’s
By Melissa Luz T. Lopez
Senior Reporter
THE PHILIPPINES is on track to hit the low end of the government’s growth goal this year, Moody’s Investors...
Central banks in Asia lean on wide mandate as Fed readies tightening
HONG KONG -- As Asia’s central banks grapple with low inflation, just like their global peers, they already have a dizzying array of mandates...
BSP says peso’s path ‘consistent’ with growth
THE PESO’s “gradual” depreciation is “consistent” with government efforts to stoke faster economic growth, the central bank chief said yesterday, adding that the local...
Want to hedge North Korea risk? Think SE Asian stocks, Japan REITs
HONG KONG -- Investors looking for ways to hedge against North Korea risk as war drills get under way should focus on Japanese real...
BSP official sees room for steady policy
FASTER economic growth last quarter leaves more room for the central bank to maintain interest rates for now and, coupled with slow inflation, should...
Local banks open to foreigners, but await offers they can’t refuse
Krista A. M. Montealegre, National Correspondent
FOREIGN PARTIES wanting a piece of the action in one of Asia’s best growth stories have found the Philippines’ banking sector a tough nut...
In a good year for Asia’s currencies, Philippine peso finds itself unloved
HONG KONG/MANILA/SINGAPORE -- Asian emerging market currencies have been having their best year since before the 2013 taper tantrum, bolstered by pace-setting growth rates...
Two bitcoin exchanges now under BSP oversight
By Melissa Luz T. Lopez, Senior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) now oversees the operations of two bitcoin platforms, which comes after it...
Domestic trade grows in 2016
THE Philippine Statistics Authority (PSA) reported an increase in the country’s domestic trade in terms of value and quantity in 2016 on the back...
Q2 growth brings 2017 goal within reach
By Jochebed B. Gonzales
Researcher
and Melissa Luz T. Lopez
Senior Reporter
THE PHILIPPINE economy grew by 6.5% last quarter on the back of increased household and government...
July ‘hot money’ net inflows biggest in six months — BSP
MORE foreign capital entered the Philippines in July to post the biggest net inflow in six months, the central bank reported yesterday.
Foreign portfolio investments,...