Top News
Dovish Fed, easing inflation may anchor BSP stance
The Bangko Sentral ng Pilipinas (BSP) may find further justification to hold policy rates steady—or tilt more dovishly—as global markets digest a wave of economic data next week, amid lingering effects of the U.S. Federal Reserve’s dovish tone from the Jackson Hole Symposium.
DA bats for global “Bicol Cacao” brand at regional congress
Agriculture Secretary Francisco P. Tiu Laurel Jr. is pushing to position “Bicol Cacao” as a globally recognized brand, citing the region’s ideal conditions and increasing recognition for premium beans and chocolate.
Fed chair Powell hints at September rate cut
Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.
BSP launches credit scoring system for SMEs
The Bangko Sentral ng Pilipinas (BSP), in collaboration with the Japan International Cooperation Agency (JICA), has launched the Credit Risk Database Philippines Web-based Scoring System (CRDPh System)—a major step toward improving access to finance for small and medium enterprises (SMEs).
Manila retains “A-” credit rating; signals macroeconomic resilience
The Japanese credit agency Rating and Investment Information, Inc. (R&I) has reaffirmed the Philippines' investment-grade rating of “A-” with a stable outlook, highlighting the country’s strong macroeconomic fundamentals, according to a statement released by the Bangko Sentral ng Pilipinas (BSP).
