Top News
Muted PMI keeps rate cut debate alive at BSP
The country's manufacturing index or the PMI proved little changed in August, to 50.8 during the month from a three-month high of 50.9 in July, indicating continued growth in the sector closely watched by the Bangko Sentral ng Pilipinas (BSP) as one of a number of guides for monetary policy crafting.
DOTr launches bids for Visayas railway studies
The Department of Transportation (DOTr) has announced plans to develop two railway systems in the Visayas—the Samar-Leyte Railway and the Panay Railway—as part of efforts to enhance regional connectivity and economic growth.
Moody’s affirms PH credit strength, BSP welcomes positive outlook
The Bangko Sentral ng Pilipinas (BSP) welcomed Moody’s recent positive assessment of the Philippines’ external sector, underscoring the country’s robust credit profile and economic resilience.
Drop in rice, poultry, fish prices could slow August inflation
A sharp decline in rice, poultry, and fish prices during the second half of August signals a favorable trend toward continued easing of inflation.
BSP begins easing cycle with a rate cut to support growth
The Bangko Sentral ng Pilipinas (BSP) has lowered its benchmark interest rate by 25 basis points to 5 percent, marking the central bank’s first rate cut of the year and signaling a shift toward a more accommodative monetary policy stance.
