Inflation could hit 4.2% in June – Bangko Sentral
HIGHER food prices, a weaker peso and costlier fuel could push inflation beyond target this month, the Bangko Sentral ng Pilipinas (BSP) said Friday.
Eli Remolona-Junior latest news
BSP rate cuts unlikely this year
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is unlikely to slash interest rates this year as domestic inflation is still not low enough to warrant a rate cut, according to foreign economists.
BSP seen 'very cautious' in easing
PHILIPPINE monetary authorities will be wary about cutting interest rates despite recent pronouncements that an easing could start as early as August, analysts said.
Beyond the ghost employee scandal
We already know that ghosts have spooked the Bangko Sentral ng Pilipinas and the good news is that, under the leadership of BSP Governor Eli Remolona Jr., the country’s monetary authority has busted the ghosts that haunted its walls.
No resignation offer from 2nd MB member in ‘ghost’ mess
MANILA, Philippines — The other Monetary Board Member (MBM) linked to the ghost employee scandal in the Bangko Sentral ng Pilipinas (BSP) has yet to file a resignation letter, even as bankers and government officials were shocked over the involvement of their former colleague.
Monetary Board member quits over ‘ghost’ scandal
MANILA, Philippines — A member of the Monetary Board of the Bangko Sentral ng Pilipinas has resigned amid the controversy over ghost employees involving officials of the MB, the BSP’s policy-making body.
BSP: Monetary Board functioned as ‘normal’ amid 'ghost employees' issue
MANILA, Philippines (UPDATED 3:28 p.m.) — The Bangko Sentral ng Pilipinas said that its Monetary Board (MB) has not affected its operations amid reported "ghost employees," which allegedly involved two members of MB.
Focus on onboarding Filipinos into formal financial system urged
MANILA, Philippines — The Philippines has made significant progress in pushing financial inclusion since 2015, but more work needs to be done in onboarding Filipino adults into the formal financial system, said Queen Maxima of the Netherlands, the UN Secretary General's Special Advocate for Inclusive Finance for Development.