While Citi anticipates the Bangko Sentral ng Pilipinas (BSP) to resume cutting key borrowing costs by 25 basis points (bps) at its April 10 policy meeting, March’s low inflation, coupled with global trade risks, could prompt the central bank to further reduce rates sooner than expected. March’s...
Political uncertainty in the Philippines could intensify as former President Rodrigo Duterte’s influence on voters grows, potentially diverting attention from tax reforms and the proposed ₱200 wage increase. According to the Netherlands-based financial giant ING, midterm elections usually have...
Various business and think tank groups have strongly opposed the planned Maharlika Wealth Fund (MWF), a Philippine government version of a Sovereign Wealth Fund (SWF), stating the proposal under House Bill 6398 will not amount to wealth creation but instead puts at risk peoples’ pension money in...