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Inflation peeling away from target increases policy rate adjustments – Moody’s unit
Headline inflation getting away from the central bank's 2 percent to 4 percent target range this year heightens the likelihood of a change in the monetary policy structure in the Philippines, the analytics unit of the sovereign credit watcher Moody's Investors Service said on Monday.
GCash users unable to use the popular app; issues assurance funds are safe
GCash, the mobile wallet of Globe Telecom Inc. trends on X, formerly Twitter, after its users complained of inability make transactions, whether sending or receiving, since the early morning hours of Monday.
BTr raises $1.26 billion via U.S. dollar-denominated retail bonds sale
The Bureau of Treasury has raised $1.26 billion from the sale of onshore U.S. dollar-denominated retail bonds, the Department of Finance said, slightly above its target.
BSP has ‘done enough’ policy tightening – Diokno
Philippine Finance Secretary Benjamin Diokno believes the central bank has "done enough" policy tightening to tame inflation, but reiterated future interest rate moves would...
Consumer food service providers seen generating P730B in sales this year
The various food service providers in the Philippines are seen generating sales 20 percent more this year than last year of around $13 billion or P730 billion.
