Philippine

Philippine central bank sees room for one more rate cut this year
Philippine central bank sees room for one more rate cut this year
August 16, 2024
THE Philippine central bank sees room for one more interest rate cut this year, its governor said on Friday (Aug 16).“We will always be assessing the situation, but given...
Philippine business buoys Jollibee profit as China pain persists
Philippine business buoys Jollibee profit as China pain persists
August 14, 2024
JOLLIBEE Foods’s Philippine businesses boosted the fast-food chain’s second-quarter profit, even as it struggled with its operation in China.Net income of the Philippines’ biggest restaurant operator jumped 31 per...
Philippine central bank sees room for one more rate cut this year
Philippine central bank says rates can stay steady, open for cut when price pressures ease
August 5, 2024
THE Philippine central bank can keep policy settings unchanged but can consider a rate cut if price pressures continue to ease, its governor said on Monday (Aug 5).The balance...
Singtel’s Philippine JV valuation doubles to US billion on Ayala and MUFG investments
Singtel’s Philippine JV valuation doubles to US$5 billion on Ayala and MUFG investments
August 2, 2024
Philippine conglomerate to raise stake in Mynt to 13%; Japan’s financial giant will acquire 8% stake GLOBE Fintech Innovations, otherwise known as Mynt, has secured new investments that have...
Philippine central bank sees room for one more rate cut this year
August rate cut on track as Philippine inflation may peak
August 1, 2024
THE Philippine central bank may still be on track to slash its key interest rate by at least a quarter percentage point in August amid expectations inflation would peak...
Philippine peso skids on dollar’s strength
Philippine peso skids on dollar’s strength
June 20, 2024
The Philippine peso weakened against the dollar on Thursday (Jun 20) to hit a 10-day low and lead a broader decline in Asian currencies, reflecting expectations policymakers would cut...
Philippine central bank wants inflation firmly settled near target midpoint, governor says
Philippine central bank wants inflation firmly settled near target midpoint, governor says
June 11, 2024
THE Philippine central bank wants inflation firmly settled near the middle of its 2.0 to 4.0 per cent target range, its governor said on Tuesday.“We are hawkish, but less...
Philippine central bank sees room for one more rate cut this year
Philippine central bank rejects rate-cut call that weakened peso
June 4, 2024
PHILIPPINE central bank governor Eli Remolona pushed back against the rate cut outlook given by the country’s finance chief, describing it as “too aggressive”.Finance Secretary Ralph Recto last week...
Ghost staff scandal risks shakeup at Philippine central bank
Ghost staff scandal risks shakeup at Philippine central bank
May 27, 2024
A SCANDAL involving ghost employees at the Philippine central bank threatens to shake up the monetary authority at a time when policy decisions are crucial amid elevated inflation and...
Philippine peso drops most in Asia as calls for rate cut build
Philippine peso drops most in Asia as calls for rate cut build
May 13, 2024
The Philippine peso fell the most in Asia as expectations for an interest-rate cut mounted following the release of weak economic growth data last week.The peso lost as much...