Facebook Pixel Foreign banks see more BSP cuts | Manila Bulletin - newspaper - Les denne historien på Magzter.com

Prøve GULL - Gratis

Foreign banks see more BSP cuts

Manila Bulletin

|

December 11, 2025

The widely anticipated interest rate cut by the Bangko Sentral ng Pilipinas (BSP) on Thursday, Dec. 11, would not be the end of its monetary easing, with foreign banks expecting further reductions early next year as the central bank seeks to help address slowing economic growth.

- By BEN ARNOLD DE VERA

Following a 25-basis-point (bp) reduction in the policy rate to 4.5 percent at the BSP Monetary Board’s (MB) final monetary policy meeting for 2025, Goldman Sachs Economics Research forecasts a terminal key interest rate of 4.25 percent through another 25-bp cut in the first quarter of 2026, a Dec. 5 report obtained by Manila Bulletin showed.

FLERE HISTORIER FRA Manila Bulletin

Manila Bulletin

Go vows 'zero tolerance' as DOF cleans up tax agencies

The Department of Finance (DOF) is moving to seal leaks in the national treasury by integrating its internal watchdog functions with primary revenue operations, signaling a more aggressive stance against systemic graft.

time to read

1 mins

March 7, 2026

Manila Bulletin

Manila Bulletin

Brokers oppose director term limits

The Philippine Association of Securities Brokers and Dealers Inc. (PASBDI) has opposed a plan by the Securities and Exchange Commission (SEC) to impose a mandatory 10-year term limit on broker directors of exchanges, arguing the move would strip the local bourse of critical expertise.

time to read

2 mins

March 7, 2026

Manila Bulletin

DSWD bats for coordinated ASEAN disaster response

The Philippines, as chair of the 2026 Association of Southeast Asian Nations (ASEAN) Socio-Cultural Community (ASCC), is spearheading a new region-wide framework aimed at improving disaster preparedness and humanitarian response across Southeast Asia.

time to read

1 mins

March 7, 2026

Manila Bulletin

$100/barrel oil may spur BSP rate hike

The Bangko Sentral ng Pilipinas (BSP) may need to raise interest rates if global oil prices surge to $100 per barrel, as such a spike could push inflation beyond the central bank’s comfort range, BSP Governor Eli M. Remolona Jr. said.

time to read

2 mins

March 7, 2026

Manila Bulletin

Many Filipinos ‘one shock away’ from poverty

Despite years of poverty reduction in the Philippines, many households—including a large share of the emerging middle class—remain highly vulnerable to economic shocks that could push them back into poverty, according to the Philippine Institute for Development Studies (PIDS).

time to read

2 mins

March 7, 2026

Manila Bulletin

Brace for as much as P80/liter fuel price

DOE steps up crackdown on oil price manipulation

time to read

3 mins

March 7, 2026

Manila Bulletin

Manila Bulletin

Marcos to push Middle East peace, civilian protection in UN address

President Marcos will use his upcoming visit to the United Nations (UN) in New York to call for peace in the Middle East and the protection of civilians, the Department of Foreign Affairs (DFA) said.

time to read

2 mins

March 7, 2026

Manila Bulletin

Job seekers, small business owners urged to take free mentorship, services

Emphasizing that industries are continually reshaped by digital technology, rendering some skills irrelevant, President Marcos has encouraged job seekers to take advantage of the free mentorship and upskilling offered by a nonprofit organization.

time to read

3 mins

March 7, 2026

Manila Bulletin

Factory output growth slows to 1.2% in Jan.

Growth in Philippine factory output slowed at the start of the year, reflecting softer expansion across the manufacturing sector, according to the Philippine Statistics Authority (PSA).

time to read

1 mins

March 7, 2026

Manila Bulletin

Manila Bulletin

Brace for as much as ₱80/liter fuel price

Department of Energy (DOE) warning of legal action against retailers that hoard supplies or inflate prices.

time to read

3 mins

March 7, 2026

Listen

Translate

Share

-
+

Change font size