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DIWA GUNIGUNDO

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abtest

BSP hikes interest rates by 25 basis points

By Lawrence Agcaoili | May 6, 2011 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) yesterday raised interest rates by 25 basis points to control inflation expectations and contain second round effects after inflation rose to a one-year high of 4.5 percent in...

Headlines

GMA provoking public reprisal

By GOTCHA | By Jarius Bondoc | June 14, 2010 - 12:00am

Filipinos are polite, even to bad leaders. We give them graceful exits, unlike other races that behead hated kings or premiers.

Opinion

BSP raises inflation forecast for 2009

October 1, 2009 - 11:10pm

The Philippine central bank has slightly increased its inflation forecast for this year and in 2010 as news of a global economic recovery is improving consumer sentiment.

RP pauses monetary easing policy on signs of economic recovery

August 20, 2009 - 7:33pm

Philippine monetary officials decided to rein in ts monetary easing policies on expectations that the global recession is bottoming out.

RP cuts interest rates anew by 25 points

July 9, 2009 - 5:42pm

MANILA, Philippines (Xinhua) -- Philippine monetary officials cut key policy interest rates by 25 basis points to support domestic consumption amidst a global economic crisis, the Bangko Sentral ng Pilipinas (BSP)...

RP lowers inflation, growth forecasts for 2009

April 16, 2009 - 7:36pm

MANILA, Philippines (Xinhua) -- Philippine inflation targets for 2009 and 2010 was downscaled to 3.42 percent and 4.1 percent, respect as the global recession slackens demand and dampens food and fuel prices, Philippine...

RP receives steady OFW remittances despite crisis

March 31, 2009 - 9:10am

MANILA, Philippines (Xinhua) -- Overseas Filipino workers (OFWs) will continue to send remittances — albeit at a slower pace — this year, even if the global recession is expected to lead to job losses...

Consumer confidence up in Philippines amid global crisis

March 13, 2009 - 12:00am

MANILA, Philippines (Xinhua) - Philippine consumer confidence on the local economy has improved thanks to expectations of lower oil and food prices, the country's central bank said yesterday.

Remittances to Philippines seen to slow down amid economic crisis

February 17, 2009 - 9:00am

MANILA,Philippines (Xinhua) -- The inflow of remittances from overseas Filipino workers is expected to slow down this year as many will lose their jobs due to the global economic crisis, officials said.

Poll: Traders expect improved economy

By Des Ferriols | May 26, 2007 - 12:00am

Businessmen are generally optimistic about their prospects for the second and third quarters of the year, indicating a rise in economic activities and investments in infrastructure.

Headlines