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S&P warns of reversal of capital flows

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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’

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

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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