Top News
BSP sees no point in reviving contract with AllCard
The Bangko Sentral ng Pilipinas (BSP) on Saturday saw no point in reviving the contract with equipment, raw materials, and support services provider AllCard which allegedly failed to deliver its end of the agreement but has sued to enforce it.
BSP frees captured liquidity of P380 billion with 250 basis point cut in deposit reserves
The Bangko Sentral ng Pilipinas (BSP) on Friday announced a reduction in the banks' deposit reserves from 9.5 percent at the moment to 7 percent beginning October this year.
Rising tourist arrivals strain water and energy resources, increases CO2 output
The Philippines is grappling with increasing pressure on its water and energy resources due to a surge in tourist arrivals.
Central bank lending rate seen reflecting US Fed rate cut
Domestic interest rates, best reflected by the benchmark rate of the Bangko Sentral ng Pilipinas (BSP), are seen to mirror the reduction adopted by the US Fed, which has cut its own benchmark by 50 basis points, analysts say.
DA chief projects significant drop in rice prices by January due to tariff reduction
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Wednesday projected a gradual easing of rice prices as soon as October as a result of the government decision reducing the tariff on imports.
