Inflation would likely fall to a five-year low in 2025, providing policy space for more interest rate cuts supportive of economic growth, according to the think tank Capital Economics. "We expect GDP [gross domestic product] growth in the Philippines to remain relatively strong in 2025, helped by...
The Economist Intelligence Unit (EIU) expects the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by an additional 100 basis points (bps) for the remainder of 2025 to arrest potentially slower economic growth as a result of the intensifying global trade war. "The BSP has room to...
Economists at Bank of the Philippine Islands (BPI) believe that the plan of former President Rodrigo Duterte’s supporters, especially overseas Filipinos workers (OFWs), to protest his detention by the International Criminal Court (ICC) at The Hague through a “zero-remittance week” could do...
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...
Filipinos do not need to worry about rising extra rice prices, as they are projected to fall due to better global supply, allowing the Bangko Sentral ng Pilipinas (BSP) to speed up the lowering of borrowing costs in the coming months, according to British banking giant HSBC. Aris Dacanay, chief...
