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...
Mindanao stalwarts Special Assistant to the President Anton Lagdameo and Partido Federal ng Pilipinas President South Cotabato Gov. Reynaldo Tamayo Jr. on Tuesday met newly elected and reelected members to strengthen party unity and align support to President Ferdinand Marcos Jr.’s legislative...
Alas Pilipinas is adding a potent duo in its lineup as collegiate spikers Angel Canino and Shai Nitura join the national women 's squad in the 2025 AVC Women 's Volleyball Nations Cup which starts this weekend in Hanoi, Vietnam. De La Salle’s Canino and Adamson 's Nitura will...
The Bangko Sentral ng Pilipinas (BSP) is seen cutting interest rates for two consecutive policy meetings as inflation falls to below-target levels, according to Deutsche Bank Research. In a May 31 report emailed on Monday, June 2, Deutsche Bank Research forecast headline inflation in May at 1.5...
The Department of Public Works and Highways (DPWH) has called on its engineers and officials to adopt innovative solutions and fast-track project implementation in support of the Marcos administration’s infrastructure program under the Bagong Pilipinas agenda. DPWH Secretary Manuel M. Bonoan...
Loans from big banks or universal and commercial banks, excluding investments in Bangko Sentral ng Pilipinas’ (BSP) reverse repurchase (RRP), grew slower at 11.2 percent from March’s 11.8-percent expansion. Growth in outstanding loans to residents, excluding RRPs, slowed to 11.9 percent in...
President Marcos has extended his well wishes to the Gilas Pilipinas Boys team as they defeated Indonesia, 70-40, at the FIBA U16 Asia Cup SEABA (Southeast Asia Basketball Association) qualifiers at the Bren Z. Guiao Convention Center on Friday, May 30. President Ferdinand 'Bongbong '...
Filipino consumers can anticipate a substantial easing of inflation in May this year, according to the latest forecast from the Bangko Sentral ng Pilipinas (BSP). The central bank projects inflation to settle within the range of 0.9 percent to 1.7 percent in May, a significant deceleration...
The buzz and market excitement in the marketplace is being kept up by the price of rice at ₱20 per kilo, which vulnerable sectors in particular areas can avail of right from the start. It’s no longer just a campaign promise but is now being enforced, with the President brushing aside...
All Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions (BSFIs) have been ordered to strengthen their risk management procedures by integrating the screening of negative news reports—such as fraud, crime, and scandals involving customers—into their customer due diligence and...
If trade shocks are left unchecked, they could potentially inflict greater damage on Philippine growth, compromising the country’s significant progress in recent years, according to a top official of the Bangko Sentral ng Pilipinas (BSP). “In particular, trade shocks affect the capital stock of...
