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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 »

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