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PH FDI hits record $10 B in 2017

By Lee C. Chipongian The central bank registered a record-breaking $10-billion worth of net foreign direct investments (FDI) in 2017, up 21.4 percent year-on-year, with…

Finance Secretary Carlos G. Dominguez III

No need for preemptive rate increase, says Dominguez

By Siegfrid Alegado and Cecilia Yap (Bloomberg) The Philippines doesn’t need to raise interest rates at this point, Finance Secretary Carlos Dominguez said, defying calls…

Bangko Sentral ng Pilipinas (BSP) logo

No takers for BSP’s rediscounting facility

By Lee C. Chipongian The central bank noted zero availments of its peso rediscounting facility for the month of January. Similarly, the Bangko Sentral ng…

Bangko Sentral ng Pilipinas (BSP.GOV.PH / MANILA BULLETIN)

Market expects more cuts in RRR

By Lee C. Chipongian The central bank’s “dovishness” view on inflation, bias for growth and a relax stance on a weak peso is indicating to…