Top News
BSP views gold as risky investment, eyes optimal ratio
Gold, as an asset, isn’t considered a favorable investment by the Bangko Sentral ng Pilipinas (BSP), as it typically leads to a negative carry due to custodial costs and price volatility.
BSP remains committed to an easing cycle
The Bangko Sentral ng Pilipinas (BSP) remains committed to easing monetary policy, but the pace and magnitude of interest rate cuts, as well as...
FDI inflows drop in December, full-year number stable
Foreign direct investments (FDI) flowed inward on a net basis in December 2024, totaling USD110 million, representing a stark 85.2 percent decline from USD743 million from a year earlier. The Bangko Sentral ng Pilipinas (BSP) traced the drop primarily to increased debt repayments by resident corporations to foreign investors, which caused a shift in FDI composition.
Strong demand drives down T-bill rates
Strong demand for Treasury bills (T-bills) at Monday’s auction led to a drop in average rates for shorter-dated securities while keeping the yield on one-year paper stable. The Bureau of the Treasury received tenders worth ₱90.6 billion for the ₱22 billion in bills offered, a sign of robust investor appetite.
Disenchanted agri group pushes for rice tariff hike, citing policy failure
The Samahang Industriya ng Agrikultura (Sinag) has asked the Tariff Commission (TC) to revert rice tariffs to 35 percent for ASEAN imports and 50 percent for non-ASEAN imports, arguing the reduced tariffs rates have instead adversely impacted both consumers and local farmers.
