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Capital markets key to growth, BSP says

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The Central bank chief has outlined reforms that the country needs to implement to attract additional local and foreign investments, which would help boost the economy’s current consumption-driven boom.

Posted: February 19th, 2014 in Headlines | Read More »

Gov’t considers own sovereign wealth fund

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The government may put up its own sovereign wealth fund as a vehicle for investing in the private sector overseas as part of efforts to put the country’s foreign exchange income to better use.

Posted: September 18th, 2013 in Headlines | Read More »

BSP ready to address wild forex swings

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The Bangko Sentral ng Pilipinas (BSP) stands ready to control spikes in the foreign exchange market that may lead to higher consumer prices, which may choke the country’s growing economy.

Posted: August 27th, 2013 in Editor's Pick,Headlines | Read More »

BSP seen to keep key rates unchanged

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BSP Governor Amando Tetangco Jr.: No need to raise interest rates

The Bangko Sentral ng Pilipinas (BSP) has once again signaled that interest rates would likely stay on hold at next week’s policy stance meeting, with benign inflation giving space for settings that encourage economic growth.

Posted: July 17th, 2013 in Editor's Pick,Headlines | Read More »

Biz Buzz: No rest for BSP chief

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The country may now be officially classified as investment grade and foreign funds are flooding local financial markets, but things at the Bangko Sentral ng Pilipinas are as busy as ever.

Posted: May 27th, 2013 in Headlines | Read More »

New SDA rate cut possible

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BSP Governor Amando Tetangco Jr.: We still have the pull. INQUIRER FILE PHOTO

As speculations abound that the interest rate on special deposit accounts (SDAs) would be slashed further, the Bangko Sentral ng Pilipinas said it could not rule out another rate cut.

Posted: May 6th, 2013 in Latest Business Stories | Read More »

Magazine names Tetangco ‘central banker of the year’

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Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr.: Positive for global markets. FILE PHOTO

Governor Amando Tetangco Jr. of the Bangko Sentral ng Pilipinas (BSP) was named “Central Banker of the Year” for Asia Pacific by the foreign business magazine The Banker.

Posted: January 11th, 2013 in Latest Business Stories | Read More »

Biz Buzz: Reluctant bellwether

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The SM group isn’t too eager to celebrate—at least not yet—its latest milestone.

Posted: January 6th, 2013 in Headlines | Read More »

Markets seen to turn volatile

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BSP governor and AMLC chairman Amando Tetangco Jr.: Further strengthening of AMLA. FILE PHOTO

Domestic financial markets are expected to be volatile in the coming days as investors become more anxious over the US “fiscal cliff,” said Amando Tetangco Jr., Bangko Sentral ng Pilipinas governor.   But the BSP chief stressed that the volatility would be short-lived, and financial markets in the Philippines would eventually focus on the country’s [...]

Posted: December 30th, 2012 in Editor's Pick,Headlines | Read More »

Financial education conference now targets youth

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BSP Governor Amando Tetangco Jr.: No need to raise interest rates

Over 300 financial education experts and policy-makers around the world have convened in town for a two-day summit tackling financial capability as a 21st century life skill, putting emphasis on the need to reach out to young people.

Posted: December 5th, 2012 in Latest Business Stories | Read More »

Biz Buzz: Modest winner

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Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. was one of the busiest officials at the recently concluded World Bank-International Monetary Fund annual meetings in Tokyo, Japan, not only because of several appointments with his foreign peers, but also because of many awards.

Posted: October 22nd, 2012 in Editor's Pick,Headlines | Read More »

Tetangco among world’s best central bankers

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New York-BASED business magazine Global Finance has named Governor Amando Tetangco Jr. of the Bangko Sentral ng Pilipinas one of the best central bank heads in the world for 2012, giving him a grade of “A” together with five others.

Posted: August 25th, 2012 in Editor's Pick,Headlines | Read More »

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