Tag: BSP

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August inflation eases, but price pressures remain

Philippine inflation eased to a five-month low of 6.1 percent in August, offering some relief after prices accelerated sharply earlier this year, but the reading remained elevated enough to underscore the Bangko Sentral ng Pilipinas’ decision to raise interest rates last week.

Treasury bill yields climb after BSP rate hike

Treasury bill yields rose across all tenors at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the possibility of further monetary tightening.

BSP makes preemptive quarter-point rate hike on inflation risks

The Bangko Sentral ng Pilipinas on Thursday delivered a preemptive 25-basis-point rate hike and left the door open to further tightening as stubborn inflationary pressures threaten to keep prices above the central bank’s target range.

Moody’s affirms Philippine rating despite growth slowdown

Moody’s Ratings affirmed the Philippines’ Baa2 sovereign credit rating on Monday, citing expectations that the government’s fiscal position will stabilize over the next two years despite a sharp slowdown in economic growth.

Treasury bill yields rise ahead of BSP meeting

Treasury bill yields were mostly higher at Monday’s auction as investors appeared to price in the possibility of tighter monetary policy ahead of the Bangko Sentral ng Pilipinas’ interest rate-setting meeting later this week.

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Reddit, Discord have 24 hours to set up local presence; compliance tied to child safety, real-world violence links

The Cybercrime Investigation and Coordinating Center (CICC) has issued a 24-hour directive for Reddit and Discord to establish local representation, stepping up state oversight after three school shootings in recent months were linked to harmful online activity.

BIR tax relief clears P84.5’ in micro liabilities

The Bureau of Internal Revenue’s (BIR) tax abatement program for micro taxpayers has cleared P84.5 million in taxes and penalties in its first two months, giving small businesses a cheaper way to settle old liabilities and return to compliance.

Coffee chain hits 130 Kuwait cafés in 20-year growth run

The Coffee Bean & Tea Leaf® (CBTL) and partner Al-Ghunaim Trading Co. have opened their 130th café in Kuwait, capping more than two decades of expansion that has turned a single Salmiya outlet launched December 16, 2004 into one of the country’s top premium café brands.

GCash upbeat on GStocks PH growth amid retail investor surge

GCash is bullish on GStocks PH’s outlook as more Filipinos turn to digital investing. Wealth Management General Manager Darvin Sy Su said the platform draws strong interest from first-time investors, with the focus now converting that early engagement into regular investing habits.

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