The Bangko Sentral ng Pilipinas (BSP) will again discuss the possibility of reducing local banks' reserve requirement ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| | | | | | | | | | POLICY BSP to resume RRR cut talks amid easing cycle
The Bangko Sentral ng Pilipinas (BSP) will again discuss the possibility of reducing local banks' reserve requirement now that it started cutting interest rates. BSP Governor Eli Remolona Jr. said he would include in the meeting agenda of the Monetary Board (MB) the reduction in the reserve requirement ratio (RRR).
By Ian Nicolas P. Cigaral |
| | | | PROFIT PUSH The billionaire habits: Unlocking 6 secrets of the ultrawealthy
What do self-made billionaires like Jeff Bezos, Warren Buffett and Elon Musk have in common besides their vast fortunes? It's the power of their daily habits. These daily habits are the key to not only professional success but also to achieving optimum health, fitness and balance in life.
By Tom Oliver |
| | | | AGRICULTURE From ice cream to eggs: MVP-led MPIC wants to reinvent Filipino 'plate'
After seeing success in the dairy industry, the agriculture unit of Manuel Pangilinan-led Metro Pacific Investments Corp. (MPIC) is looking into entering the protein segment to complete its foray into the "Filipino plate." Metro Pacific Agro Ventures Inc. (MPAV) president and CEO Juan Victor Hernandez told reporters last week they were looking next into eggs and aquaculture.
By Meg J. Adonis |
| | | | | | | | BIZ BUZZ SM is conglomerate of the year
Apart from shattering the record for the highest first-semester earnings, SM Investments Corp. also raked in awards. The International Business Awards aptly recognized the country's largest company as the Conglomerate of the Year, equivalent to a Gold Stevie.
By Meg J. Adonis |
| | | | INQUIRER PLUS-EXCLUSIVE Gov't may overshoot budget deficit limit this year
The government is likely to breach its budget deficit limit by about 3.4 percent this year but subsequent tax reforms -- expected to bump up coffers by P40 billion annually -- could hasten fiscal consolidation. According to official data obtained by the Inquirer, the emerging full-year budget deficit is P1.53 trillion versus the government's target of P1.48 trillion.
By Mariedel Irish U. Catilogo |
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