Tag: BSP
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OceanaGold, BSP renew 3-year gold buying deal
OceanaGold (Philippines), Inc. said the Bangko Sentral ng Pilipinas has renewed its 3-year agreement to buy gold from the listed mining company.
Easing rice prices may slow inflation in April
Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.
Uncertainty trumps BSP rate cut at T-Bill auction
Treasury bill (T-bill) yields moved mostly higher at Monday’s auction, as investor sentiment wavered due to renewed global trade tensions.
January FDI inflows drop 20%, signaling slower investor momentum
Foreign direct investment (FDI) inflows, the kind that stays invested in the country, dropped by 20 percent on net basis in January this year, totaling USD731 million, down from USD914 million a year ago, according to data released by the Bangko Sentral ng Pilipinas (BSP).
Mixed results at T-bill auction amid rate cut expectations
Average rates on Treasury bills were mixed in Monday's auction, with six-month and 12-month debt papers seeing a softening of yields due to expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP). However, uncertainty continued to push yields on three-month bills higher.
