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Bangko Sentral seen raising rates this week

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Bangko Sentral ng Pilipinas.  INQUIRER.net file photo

The Bangko Sentral ng Pilipinas may increase its key interest and special deposit account (SDA) rates by 25 basis points during the monetary setting this Thursday in view of better-than-expected second-quarter economic data and resilient inflation pressures, an economist from Citigroup said.

Posted: September 8th, 2014 in Editor's Pick,Headlines | Read More »

New regions seen emerging as growth engines

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Global banking giant Citigroup expects rising infrastructure spending to drive a regional “industrial reboot” in the Philippines, transforming the likes of Central Luzon, Central Visayas and Southern and Northern Mindanao into the country’s next growth engines.

Posted: February 16th, 2014 in Headlines | Read More »

PH seen in better shape to withstand volatility

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Asia’s emerging markets are in a relatively better shape to withstand the new round of emerging-market shakeout compared to last year when the US Federal Reserve first unveiled plans to taper its monetary stimulus, American banking giant Citigroup said.

Posted: February 9th, 2014 in Headlines | Read More »

Slower economic growth for PH seen

After beating expectations last year with a growth rate of 7.2 percent, the Philippine economy is seen to grow at a slower pace this year but infrastructure projects under the public-private partnership (PPP) framework are seen perking up growth back to more than 7 percent in 2015.

Posted: February 2nd, 2014 in Headlines | Read More »

Citi raises growth forecast for PH

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Despite the devastation caused by Supertyphoon “Yolanda,” prospects remain bright for the Philippine economy, according to a Citigroup research.

Posted: December 25th, 2013 in Headlines | Read More »

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