After going on "beast mode" since assuming the CEO post at Rizal Commercial Banking Corp. five years ago ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| | | | | | | | | | ECONOMY
Cut rates or pause? BSP mulls over December move
A third interest rate cut and an easing pause are both on the table of the Bangko Sentral ng Pilipinas (BSP) in December, although Governor Eli Remolona Jr. stressed that the central bank is still on easing mode. "We're still in the easing cycle. Either we cut in December or we cut in the next meeting. But gradually," Remolona told reporters.
By Ian Nicolas P. Cigaral
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| | | | STOCK MARKET
Receding interest rates seen boosting PSEi toward 8,000 in 2025
The Philippine Stock Exchange Index (PSEi) is seen to reach 8,000 level next year as projected cuts on interest rates might spark a buying spree in the local market, according to Unicapital Securities Inc. Wendy Estacio-Cruz, Unicapital head of research, told the Inquirer on Tuesday they were anticipating a reduction of 25 basis points (bps) in the Bangko Sentral ng Pilipinas' (BSP) key policy rate.
By Tyrone Jasper C. Piad
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| | | | MONEY MATTERS
The importance of unified finances for couples
Managing finances is a significant part of a couple's journey through life together. In the context of marriage, the decision to unify finances can lead to a stronger partnership, fostering trust, transparency and shared goals. While there are different opinions on the best financial approach for couples, the decision to unify finances has deep roots in the legal system of the Philippines.
By Randell Tiongson
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| | | | | | | | BIZ BUZZ
RCBC changing of the guard
After going on "beast mode" since assuming the CEO post at Rizal Commercial Banking Corp. five years ago, veteran banker Eugene Acevedo—who became a senior citizen earlier this year— is poised to retire in mid-2025, Biz Buzz learned from the reliable grapevine.
By Doris Dumlao-Abadilla
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| | | | INQUIRER PLUS-EXCLUSIVE
PH, Cambodia to end double taxation
The Philippines is set to sign an agreement with Cambodia next year that would eliminate double taxation, while negotiating similar deals with other peers in the Association of Southeast Asian Nations (Asean) in a bid to ease exporters' tax burden.
By Ian Nicolas P. Cigaral
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