Thursday, 15 May 2025
6 May 2025
8:57PM
April inflation slows to 1.4 percent, bolstering case for BSP rate cut, BPI says
The continued easing of inflation to 1.4 percent in April, its lowest since 2019, bolsters the case for a potential interest rate cut by the Bangko Sentral ng Pilipinas.
27 Apr 2025
9:54PM
CIMB cites system error for fund transfer glitch, tightens security
“We encountered an unexpected system error that affected some transactions. Immediate action was taken and it has since been resolved,” a CIMB spokesperson said in an email to InsiderPH.
15 Apr 2025
2:35PM
QUICK LOOK | OFW dollar remittances up 2.6% in Feb; slow, steady growth continues
The continued, albeit moderate, growth in remittances underscores their resilience amid global uncertainties. These inflows remain a key pillar of household consumption and foreign exchange liquidity in the Philippines.
11 Apr 2025
3:59PM
QUICK LOOK: January FDI inflows drop 20% as foreign firms cap funding
The decline was largely driven by a 37.7-percent fall in nonresidents’ net investments in debt instruments, which fell to $519 million from $833 million.
10 Apr 2025
3:21PM
BSP cuts key interest rate by 25 bps to 5.5% as inflation outlook eases
BSP Governor Eli Remolona Jr. said the Monetary Board adjusted the overnight deposit and lending rates to 5 percent and 6 percent, respectively, reflecting the central bank’s shift toward a more accommodative stance, following months of stable price movements.
8 Apr 2025
7:06AM
QUICK LOOK: March dollar reserves dipped to $106B as gov’t repaid debt
The month-on-month decrease was attributed mainly to foreign currency withdrawals by the national government to service external debt and to the BSP’s net foreign exchange operations.
2 Apr 2025
7:32AM
Filipinos’ credit card, salary loans still growing twice as fast as bank lending
Outstanding consumer loans by universal and commercial banks grew by 24.1 percent year-on-year in February, far outpacing the 12.2 percent rise in overall bank lending for the same period. The BSP said this was slightly slower than the 24.4 percent consumer loan growth recorded in January.
31 Mar 2025
5:53PM
BSP: Inflation may have dipped to 4-year low in March due to cheaper rice
The central bank said this forecast reflects a continued slowdown in price increases, supported by improved supply conditions and currency appreciation, even as some consumer costs remain elevated.
31 Mar 2025
3:53PM
Housing loans fall for 3rd straight quarter as Metro Manila property values dip
Data from the Bangko Sentral ng Pilipinas (BSP) showed a 10.8-percent year-on-year drop in residential real estate loans for new housing during the fourth quarter. This followed double-digit contractions of 15.7 percent in the third quarter and 24.5 percent in the second quarter of last year.
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