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Tetangco said inflation was another key priority of the bank. Standard & Poor's upgraded the Philippines' credit rating earlier on Thursday. He said the central bank will have to use tools other than interest rates to manage high capital inflows. "
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The figure is the highest since prices quickened by 3.6 percent in September, but remains well-within the Bangko Sentral ng Pilipinas projection of 2.8 percent to 3.7 percent for February. Month-on-month core inflationwithout the volatile food and
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A surplus means the Philippines has more funds coming in than it pays out to other countries, while a deficit means the country does not have the capacity to settle obligations. Inflows are usually remittances, foreign portfolio investments,
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It was referring to the economic gains of the Philippines. http://www.thebanker.com/Awards/Central-Bank-Governor-of-the-Year/Central-Bank-Governor-of-the-Year-2013 The award is given to officials that successfully steered their countries through
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They mostly outperformed the rest of the local stock market in the first semester and did not disappoint when it was time to report their interim earnings. Hardened by the Asian financial crisis of 1997 and some minor hiccups during the Wall Street-
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Bangko Sentral ng Pilipinas (BSP) said. "We can certainly choose to be passive bystanders in the global agenda, taking comfort that our respective banking systems have been strong' through the global turbulence. That, however, cannot be the lasting
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Inflation range for September at 3.4% to 4.3% BSP September 27, 2012 6:24pm The Bangko Sentral ng Pilipinas expects inflation to have accelerated to a range of 3.4 to 4.3 percent in September. For January to August, inflation averaged at a slower
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PhilippinesThe Philippines can sustain its robust growth momentum in the second half, said Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. during the Philippine economic team's economic briefing being held Monday at the Philippine
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PhilippinesThe Bangko Sentral ng Pilipinas is gearing up for a potential rise in currency speculation following the economy's above-target growth performance in the first semester. BSP Governor Amando Tetangco Jr. said that speculative activities,
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PhilippinesThe Bangko Sentral ng Pilipinas expects capital markets to favor peso-denominated assets following the economy's ability to sustain a healthy growth rate in the second quarter. According to BSP Governor Amando Tetangco Jr., confidence
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