The reduction will bring the reserve requirement for universal and commercial banks down to 5% and will take effect in the ...

The Bangko Sentral ng Pilipinas (BSP) might soon have to let go of its worries about the peso’s volatility and just move independently of the US Federal Reserve when it comes ...

The country's economy could expand at a faster pace this year compared to 2024 due to the typical boost from elections, ...

The Philippines is on track for higher economic growth this year compared to 2024, mainly driven by higher domestic demand, ...

The Bangko Sentral ng Pilipinas' Monetary Board wants to monitor the impact of global policies on the local economy before ...

THE Philippine property sector is poised for growth this year, fueled by anticipated lower interest rates and stable inflation, according to a real estate consultancy. Colliers noted that with ...

DIGITAL BANKS in the Philippines remained in the red in 2024 and will likely continue to post losses in the near term as they struggle to expand the reach of their credit products, a central bank ...

PHILIPPINE economic growth could return to target this year, an economist said, but a global trade war — its scope and ...

The Bangko Sentral ng Pilipinas (BSP) said Monday it exclusively manages the country’s gross international reserves (GIR), ...

The Philippine Deposit Insurance Corp. (PDIC) said it paid P281.5 million in deposit insurance to depositors of three banks ...

The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...

Philippine economic growth is expected to accelerate this year on the back of higher investments and consumption, an ...