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By Ric V. Obedencio | October 9, 2011 - 12:00am
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The Bangko Sentral ng Pilipinas (BSP) may still raise interest rates further as it tries to contain inflation without worsening the economy’s slowdown, Monetary Board member Benjamin Diokno said.
4 days ago
Businesses turned less pessimistic in May while consumers grew more downbeat in the second quarter, reflecting a split in sentiment as firms pointed to easing cost pressures and stronger demand, but households remained weighed down by inflation fears and concerns over governance.
4 days ago
Philippine banks may see higher bad loans and weaker earnings in the near term as slower economic growth, high energy prices and rapid growth in unsecured consumer lending raise asset quality risks, Fitch Ratings said. In a report, Fitch said underlying credit risks are likely to persist, with the sharp rise in unsecured consumer loans leaving banks more vulnerable to slower income growth and high inflation.
5 days ago
The Philippine pre-need industry took a hit in the first quarter, with net income plummeting by 88.1 percent due to weaker trust fund income amid geopolitical tensions and inflationary pressures.
6 days ago
Lotto Jun 30, 2026
EZ2/LVM - 28 30
SUERTRES - 3 1 8
6D Lotto - 5 8 2 8 1 6
6/42 Lotto - 1 10 24 27 8 26
P53,206,155.00
6/49 Super Lotto - 26 47 5 44 10 22
P48,740,361.00
6/58 Ultra Lotto - 14 43 54 52 11 58
P128,000,000.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66