Singapore 's DBS Bank Ltd. expects the Bangko Sentral ng Pilipinas (BSP) to end its easing cycle in the third quarter of this year—a year after it began loosening monetary policy in August last year. "The Philippine central bank, the BSP, is on course with its rate cuts. Another 50-basis...
The Philippine banking system’s gross non-performing loan (NPL) ratio climbed by nine basis points (bps) to 3.39 percent in April, reversing the improvement seen in March, as loan growth slowed and more borrowers fell behind on payments, according to the central bank. The latest data from the...
Alas Pilipinas got off to a strong start as it obliterated Mongolia, 25-18, 25-16, 25-14, in the 2025 AVC Women 's Volleyball Nations Cup at the Dong Anh Gymnasium in Hanoi, Vietnam Saturday, June 7. The world No. 53 Philippines immediately showcased its depth and firepower as it mauled the...
Wunderkind Mazel Paris Alegado showed brilliance and barged into the quarterfinal round of the 2025 World Skateboarding Tour in Ostia, Italy. The Fontana, California native accumulated a total of 65.20 points in her three runs to secure the 24th spot in the Women’s Open list where she is one of...
The Alas Pilipinas women’s team begins its quest for glory when it battles Mongolia in the 2025 AVC Women 's Volleyball Nations Cup in Hanoi, Vietnam Saturday, June 7. The Nationals, composed of the country 's top professional and collegiate hitters, eye a strong start against the...
The Philippines’ external financial standing strengthened in May this year, as the country 's gross international reserves (GIR) posted a notable increase, bolstering its capacity to withstand external economic pressures. The Bangko Sentral ng Pilipinas (BSP) reported that the country’s...
With falling inflation and elevated positive real interest rates, the Bangko Sentral ng Pilipinas (BSP) is all set to further slash the key borrowing rate on June 19, according to Singapore-based United Overseas Bank (UOB). The five-and-a-half-year low headline inflation of 1.3 percent recorded in...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ “A-” credit rating with a stable outlook is expected to strengthen confidence among Japanese investors in the country. On Thursday, June 5, JCR...
With inflation accelerating to its lowest pace in nearly six years in May, private-sector economists expect the Bangko Sentral ng Pilipinas (BSP) to continue reducing key borrowing costs this month. Inflation slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace...
Consumer price increases slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace in nearly six years, with the poorest households experiencing no increase in overall prices. According to the Philippine Statistics Authority (PSA), the country’s headline inflation...
The Bangko Sentral ng Pilipinas (BSP) has proposed formally adopting and expanding regulatory relief measures for banks affected by disasters, which would include a six-month grace period for loan repayments and the temporary exclusion of these loans from bad loan classifications. According to a...
The further interest rate cuts anticipated from the Bangko Sentral ng Pilipinas (BSP) may slightly weaken the peso to beyond the mid-₱56 level this year, according to consensus forecasts collected by the Barcelona-based FocusEconomics. In its June 2025 consensus forecast report for the...
