BusinessWorld - BusinessWorld Online
BusinessWorld - BusinessWorld Online
Inflation risks could slow BSP easing cycle next year, say analysts
1 day ago · By Luisa Maria Jacinta C. Jocson, Reporter . UPSIDE RISKS to the inflation outlook could slow the Bangko Sentral ng Pilipinas’ (BSP) rate-cutting cycle, analysts said. “Should these upside risks eventuate, we may not be looking at 100-basis-point (bp) reduction for 2025 but perhaps at a more modest 50- to 75-bp reduction.
External debt hits record $139.6 billion as of Sept.
1 day ago · THE PHILIPPINES’ outstanding external debt hit another record high as of end-September, the Bangko Sentral ng Pilipinas (BSP) said. Data from the central bank showed external debt jumped by 17.5% to $139.64 billion as of end-September from $118.83 billion in the same period in 2023. The debt stock also rose by 7.3% from $130.18 billion […]
BoI exceeds investment approvals target - BusinessWorld Online
4 days ago · THE BOARD of Investments (BoI) approved P1.62 trillion worth of investment pledges this year, the highest level in 57 years. The Department of Trade and Industry (DTI) in a statement on Thursday said the agency surpassed its investment target for the year, fueled by better-than-expected performances from the BoI and the Philippine Economic Zone Authority […]
BSP cuts rates by another 25 bps - BusinessWorld Online
4 days ago · By Luisa Maria Jacinta C. Jocson, Reporter. THE BANGKO SENTRAL ng Pili pinas (BSP) lowered its key rate for a third straight meeting on Thursday but signaled the possibility of fewer cuts in 2025.. The Monetary Board on Wednesday reduced the target reverse repurchase rate by 25 basis points (bps), bringing the key rate to 5.75% from 6%.
BSP to lower rates this week — poll - BusinessWorld Online
Dec 15, 2024 · By Luisa Maria Jacinta C. Jocson, Reporter . THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to continue its rate-cutting cycle at its last policy review for the year on Thursday, analysts said.. A BusinessWorld poll conducted last week showed that 13 out of 16 analysts expect the Monetary Board to reduce the target reverse repurchase (RRP) rate by 25 basis points (bps) at its meeting on Dec ...
Below-target growth likely until 2025 - BusinessWorld Online
Nov 19, 2024 · THE Philippines’ gross domestic product (GDP) is likely to expand slower than the government’s target until 2025, Citigroup, Inc. (Citi) said. Citi cut its GDP growth forecast for the Philippines to 5.8% this year but kept its 6% growth forecast for 2025. This is below the government’s 6-7% target this year and 6.5-7.5% goal next […]
Top Stories Archives - BusinessWorld Online
4 days ago · LATEST NEWS [B-SIDE Podcast] Holiday surge: Filipinos flock online for Christmas shopping December 20, 2024 | 4:13 pm; Animal Kingdom partners with NFRDI to promote FishKwela December 20, 2024 | 4:07 pm; Coca-Cola Philippines puts on Santa’s hat to spread kindness and reunite an OFW’s family this Christmas December 20, 2024 | 4:00 pm; PHL growth to pick up modestly as inflation risks ...
World Archives - BusinessWorld Online
Nov 29, 2024 · LATEST NEWS. Elevate your skin care routine with Alavida Revive Eye Cream November 29, 2024 | 4:10 pm; Uniqlo risks boycott in China after CEO’s Xinjiang comment November 29, 2024 | 3:58 pm; BSP sees November inflation at 2.2-3% November 29, 2024 | 3:55 pm; Retailers brace for Black Friday amid shorter selling season, cautious shoppers November 29, 2024 | 3:33 pm
Economy Archives - BusinessWorld Online
Oct 25, 2024 · LATEST NEWS. Fuji-Haya, LS Electric power up at 49 th IIEE Annual National Convention October 25, 2024 | 6:04 pm; Rediscover the charm of the Philippines: Plantation Bay Resort and Spa’s vibrant cultural tour in Japan October 25, 2024 | 5:06 pm; Sam Shoaf returns with a new single that’s sure to get you in your feelings October 25, 2024 | 4:42 pm; No ‘external force’ can change our ...