Economists believe the Bangko Sentral ng Pilipinas (BSP) will cut borrowing rates by 25 basis points (bps) as early as its first monetary policy meeting Thursday, Feb. 13, to reinvigorate economic activities and reverse last year’s slower-than-expected growth. Of the 14 private-sector...
The repercussions of US President-elect Donald J. Trump's protectionist trade and expansionary fiscal policies would slow the pace of interest rate cuts in emerging markets like the Philippines, according to Oxford Economics. In a report, Oxford Economics emerging markets economist Callee Davis...
With economic growth slowing to its lowest pace since the second quarter of 2023, economists pointed to lower inflation and eased monetary policy as potential catalysts for boosting consumption, although trade barriers and peso volatility could hinder this progress. "Admittedly, a continued boost...
By DERCO ROSAL London-based Capital Economics expects that Southeast Asian central banks, including the Bangko Sentral ng Pilipinas (BSP), will likely continue lowering interest rates in the coming months due to anticipated sluggish economic growth and continued low inflation. “With GDP [gross...
Central banks in emerging Asian economies like the Philippines are expected to further lower interest rates despite expectations of slower monetary easing if the protectionist former US president Donald J. Trump returns to the White House, according to two economic think tanks. In an Oct. 21...
BY DERCO ROSAL German financial services giant Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to continue easing gradually but warns that the US presidential election and trade policy changes could delay further rate cuts. “A key risk to our view is the US presidential election and...
By DERCO ROSAL As another Bangko Sentral ng Pilipinas (BSP) interest rate cut looms, economists and bankers are citing various factors entailing easy monetary policy, including slowing inflation and economic growth. Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri Jr. also expects...
DoubleDragon Corporation is looking to raise as much as P30 billion over the next two years through the issuance of retail bonds as part of its plan to boost its financial position and cash reserves. In a regulatory filing on Wednesday, Oct. 9, DoubleDragon said that the bonds will be issued in...
The drop in Philippine inflation reflects weaker demand as consumers' pockets hurt by high prices and interest rates dry up, according to Deutsche Bank Research. Citing the over four-year low headline rate, Deutsche Bank's economist for the Philippines Junjie Huang said in an Oct. 4 report that "if...
By Derco Rosal As the Bangko Sentral ng Pilipinas (BSP) started to implement interest rate cuts, small business owners are feeling a wave of optimism. For entrepreneurs like Grace Sarmiento, who owns a hardware store in Cagayan, these changes could signify not just relief but also opportunity. The...
