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                    [Title] => Thrift banks allowed to open foreign letters of credit
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MANILA, Philippines - Thrift banks will now be allowed to open foreign letters of credit to cater to their clients, mostly small and medium-scale businesses currently being served only my commercial banks.
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                    [Title] => RP economy to slow sharply this year - IMF
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                    [Title] => BSP: 2009 a critical year for RP economy
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                    [Title] => Foreign loan prepayments reach $1.843B in first 9 months
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                    [Title] => Money supply surges 9.8% in August
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                    [Title] => Offshore portfolio investments surge to $2 B
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                    [Title] => BSP welcomes US bailout of Fannie Mae, Freddie Mac
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                    [Title] => BSP welcomes US bailout of Fannie Mae, Freddie Mac
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abtest

Thrift banks allowed to open foreign letters of credit

February 23, 2009 - 12:00am

MANILA, Philippines - Thrift banks will now be allowed to open foreign letters of credit to cater to their clients, mostly small and medium-scale businesses currently being served only my commercial banks.

Business

RP economy to slow sharply this year - IMF

February 19, 2009 - 12:00am

The country’s economic growth is set to slow sharply this year as the economy faces “strong head winds” from falling global demand and a drop in remittances from Filipinos working abroad, the International...

Business

BSP: 2009 a critical year for RP economy

January 7, 2009 - 12:00am

This year will be critical for the Philippines as it faces a bleaker global financial market as well as recession and volatility in prices, particularly oil.

Headlines

Foreign loan prepayments reach $1.843B in first 9 months

November 24, 2008 - 12:00am

Prepayments of foreign loans by the public and private sector reached $1.

Business

Money supply surges 9.8% in August

October 18, 2008 - 12:00am

Domestic borrowing by the private sector led to a 9.8-percent surge in domestic liquidity last August, the central bank said yesterday.

Business

Offshore portfolio investments surge to $2 B

September 19, 2008 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said it recorded an inflow of about $2.101-billion reflecting offshore portfolio ...

Business

BSP welcomes US bailout of Fannie Mae, Freddie Mac

September 9, 2008 - 12:00am

Monetary authorities expressed relief over the bailout of US mortgage giants Fannie Mae and Freddie Mac, saying that the move would bring portfolio inflows back into the country and help strengthen the peso.

Business

June money supply up 5.1%

August 30, 2008 - 12:00am

Business

BSP raises key rates by 25 basis pts

June 6, 2008 - 12:00am

Business

BSP to review policy if inflation spreads

April 24, 2008 - 12:00am

Business