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Nestor Espenilla

BSP drive teaches kids value of saving

By Siegfrid Alegado (Bloomberg) The Bangko Sentral ng Pilipinas’  (BSP) new hero is Raj Hortaleza, aged 11. While most of his friends trooped to shopping…

Nestor A. Espenilla Jr.

Mixed messages from BSP chief confound economists

By Siegfrid Alegado (Bloomberg) Life is getting harder for Philippine central bank watchers. Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla has veered between statements…

Bangko Sentral ng Pilipinas (BSP) logo

BSP seen keeping rates unchanged

By  (Reuters) The Philippine central bank will likely leave its benchmark rate steady at its monetary policy meeting tomorrow, on optimism that annual inflation would…

PSA logo (Photo courtsey of https://psa.gov.ph)

PSA updating inflation gauge but target unchanged

By (Reuters) The Philippines is updating the way it calculates its consumer price index (CPI) to reflect changing consumption patterns, but its central bank believes the…

Fil C. Sionil


By Fil C. Sionil The audience in the ballroom of a posh hotel in Makati was quiet. Except for the crew serving coffee, you could…