Friday, 15 August 2025
25 Jul 2025
11:30AM
SSS cuts calamity loan interest to 7%, speeds up processing
In a major relief effort for disaster-affected Filipinos, Finance Secretary and Social Security Commission (SSC) Chair Ralph G. Recto has approved lower interest rates and a significantly faster turnaround for the Social Security System’s (SSS) Calamity Loan Program.
29 May 2024
1:24PM
PH watchful of global energy costs, high interest rates amid financial stability efforts
The government’s Financial Stability Coordination Council (FSCC) on Wednesday said it remains concerned about the continued volatility in global oil prices and persistently high US inflation — indicators that suggest a prolonged high-interest-rate environment.
11 Apr 2024
1:53PM
Fitch’s BMI Research: BSP to Hold Rates Steady, Eyes Second Half for Possible Cuts
By: Miguel R. Camus
The Bangko Sentral ng Pilipinas (BSP) is poised to keep rates unchanged in its May 16 policy meeting, aiming to ensure inflation falls within the 2-4 percent target range before making any rate cuts, likely in the second half of the year.
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