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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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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 Monetary Fund (IMF) said yesterday.

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                    [Title] => Money supply surges 9.8% in August
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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
fbtw

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
fbtw

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
fbtw

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
fbtw

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
fbtw

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
fbtw

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
fbtw

June money supply up 5.1%

August 30, 2008 - 12:00am
Business
fbtw

BSP raises key rates by 25 basis pts

June 6, 2008 - 12:00am
Business
fbtw

BSP to review policy if inflation spreads

April 24, 2008 - 12:00am
Business
fbtw
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