The Bangko Sentral ng Pilipinas (BSP) is expected to start cutting interest rates ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| | | | | | | INTEREST RATE ADB bets on H2 rate cut by BSP
The Bangko Sentral ng Pilipinas (BSP) is expected to start cutting interest rates in the second half of 2024 once inflation settles more comfortably within the central bank's 2 to 4 percent target range, the Asian Development Bank (ADB) said.
By Ian Nicolas P. Cigaral |
| | | | PROFIT PUSH Deep bench power: Strategies for developing resilient future leaders
While talent is often celebrated, it is resilience and grit that are the true drivers of entrepreneurial and professional success—particularly within family businesses, where the next generation may not have had to build the business from the ground up.
By Tom Oliver |
| | | | POLICY BSP tightens merchant payment rules
The Bangko Sentral ng Pilipinas (BSP) has approved a "stringent" regulatory framework covering payments to merchants to ensure that sellers can smoothly and safely receive the funds sent by their customers for the sale of goods and services.
By Ian Nicolas P. Cigaral |
| | | | | | | | BIZ BUZZ All ears on Sona: Pogo ban coming?
In his third State of the Nation Address (Sona) today, President Marcos is widely expected to devote some time talking about how his administration would deal with Philippine offshore gaming operators (Pogos).
By Doris Dumlao-Abadilla |
| | | | INQUIRER PLUS-EXCLUSIVE
Okada Manila operator signs up for $400-m loan from Chinabank
The operator of Okada Manila plans to borrow $400 million from Sy family-led China Banking Corp. to refinance another loan due in December, potentially avoiding a default. In a filing at the Tokyo Stock Exchange, Universal Entertainment Corp. said that Tiger Resort Leisure and Entertainment Inc. (TRLEI) signed a loan agreement with Chinabank on Friday.
By Meg J. Adonis
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