S&P warns of reversal of capital flows

Standard & Poor’s has cautioned emerging markets in the Asia-Pacific region, including the Philippines, against a potential flight of capital back to the United States and Europe once these advanced economies show more solid signs of recovery.

Posted: March 8th, 2013 in Editor's Pick,Headlines | Read More »

Strong growth allows BSP to enforce stricter rules on ‘hot money’

By Michelle V. Remo

Following reports that the Philippine economy grew by 6.6 percent in 2012, BSP Governor Amando Tetangco Jr. on Thursday said the central bank was prepared to implement more bank regulations on foreign portfolio investments if risks of financial-sector instability became pronounced. INQUIRER FILE PHOTO

The Bangko Sentral ng Pilipinas (BSP) said the robust growth of the economy had allowed it to become stricter against excessive foreign portfolio investments and help keep stability in the country’s financial markets.

Posted: February 1st, 2013 in Latest Business Stories | Read More »

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