Tuesday, May 19, 2026
Today's Print

Tag: Nicholas Mapa

Peso breaches 48-a-dollar level

The peso pierced through the 48-per-dollar boundary on Tuesday, its strongest showing in 45 months, on continued weak imports amid the onslaught of the...

Heavy toll on the economy

 "This is the first time the GDP shrank since the last quarter of 1998." The Philippine economy has taken a heavy beating in the first...

ING continues to support clients during ECQ and extends help in the fight against COVID-19

The extended community quarantine (ECQ) across Luzon due to COVID-19 has seen many Filipinos gradually shifting to the use of online banking, especially as...

ING sees strong PH economic recovery

An economist of the local unit of the Dutch financial giant ING Bank expects a strong recovery for the Philippine economy once the coronavirus...

BSP expects contraction in second, third quarters

The Bangko Sentral ng Pilipinas expects the gross domestic product to post a negative growth in the second and third quarters amid the impact...

BSP expected to reduce interest rates by 50 bps

The Bangko Sentral ng Pilipinas is expected to make a more aggressive move Thursday with a 50-basis-point reduction in benchmark interest rates to counter...

PSA revises downward third-quarter economic growth to 6% from 6.2%

The Philippine Statistics Authority on Wednesday revised downward the third-quarter gross domestic product growth to 6 percent from the previous estimate of 6.2 percent,...

ING Bank bullish, expects economy to grow over 6%

The local unit of Dutch financial institution ING Bank expects the Philippines’ growth story to continue this year, saying the gross domestic product will...

BSP’s rate policy to rely on inflation data–ING Bank

The local unit of Dutch financial giant ING Bank expects the Bangko Sentral ng Pilipinas to be more data dependent going forward to see...

PNB expects Q3 growth to stay below 6%

Philippine National Bank, the fifth-largest lender in terms of assets, said economic growth in the third quarter would likely stay below 6 percent, given...

Inflation rate decreased below 1% in September

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Inflation rate likely dropped below 1% in September–Bangko Sentral estimate

The Bangko Sentral ng Pilipinas said Monday inflation rate in September likely decelerated to as low as 0.6 percent from 1.7 percent in August...

MB cuts banks’ reserve ratio by 100 basis points

The Monetary Board of the Bangko Sentral ng Pilipinas cut on Friday the reserve requirement ratios of banks by 100 basis points, or one...

July budget deficit dropped by 13% to P75.3b–Treasury

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