Thursday, May 21, 2026
Today's Print

Tag: interest rates

World Bank keeps Philippine 2025 growth forecast at 5.3%

The World Bank on Tuesday maintained its 5.3-percent growth forecast for the Philippine economy this year and projected a slightly higher 5.4-percent expansion in...

Rice import suspension seen lifting September inflation above 2%—Manulife

Manulife Investment Management expects the Philippines' September inflation rate to rise above 2 percent on food supply disruptions from recent typhoons and a suspension...

Local stocks seen sustaining gains after US Fed comments

Local shares are expected to sustain their gains this week as sentiment turned positive following dovish comments from the US Federal Reserve. “Local market may...

BSP term deposit yields drop as bidders chase higher offerings

Yields on Bangko Sentral ng Pilipinas’ (BSP) term deposit facilities (TDF) fell at its Wednesday auction, following the 25-basis-point (bp) cut in key policy...

BSP predicts faster August inflation

The Bangko Sentral ng Pilipinas (BSP) said Friday inflation rate for August 2025 likely settled between 1.0 percent and 1.8 percent, higher than 0.9...

BSP’s term deposit yields decline amid lower offer volume

Yields on the Bangko Sentral ng Pilipinas' (BSP) term deposit facility (TDF) slightly declined at its Wednesday auction, following a reduction in total offerings. The...

Bangko Sentral seen continuing rate cuts in second half

BMI, a unit of Fitch Solutions, and stock brokerage Unicapital Securities Inc. expect the Bangko Sentral ng Pilipinas (BSP) to continue cutting interest rates...

Unicapital forecasts strong Philippine economic close to 2025

MANILA, Philippines—Unicapital expects the Philippine economy to end 2025 on a strong note, citing macroeconomic tailwinds despite external risks. The brokerage firm said in a...

Ayala Land plans P50-billion fundraising in second half

Property developer Ayala Land Inc. (ALI) plans to raise P50 billion in the second half of 2025, with a significant portion coming from sustainability-linked...

BPI aims to surpass 2024 income, eyes customer growth

Bank of the Philippine Islands (BPI) hopes to exceed its P62 billion net income from 2024, focusing on expanding its customer base as interest...

Peso plunges to 58.32 a dollar ahead of 19% US tariff implementation

Philippine stocks plummeted Thursday, falling below the 6,300 level, and the peso slid to 58.32 against the US dollar a day before the 19-percent...

Petron pegs interest rates for P32-b bond issue in July

Petron Corp. announced Friday it has set the interest rates for its upcoming P32 billion fixed-rate bond issue, slated for next month. The oil company’s...

Low inflation allows further monetary easing

The low inflation of 1.3 percent in May 2025 will provide the Bangko Sentral ng Pilipinas room to further reduce key interest rates, it...

BSP seen hiking rates by 75 bps in 2024

An economist of Standard Charted Bank said Thursday he expects the Bangko Sentral ng Pilipinas to increase its benchmark interest rates by 75 basis...
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