
Jimmy Calapati
Banking and Finance Editor at Malaya Business Insight
banking editor Malaya Business Insight
Articles
GIR may see modest fluctuations after climbing to $105.5B in May — analyst - Malaya Business Insight
2 weeks ago |
malaya.com.ph | Jimmy Calapati
The Philippines’ gross international reserves (GIR) inched up to $105.5 billion in May, reflecting adequate foreign exchange liquidity, but may still manifest moderate fluctuations in the months ahead due to various factors, an analyst said. The Bangko Sentral ng Pilipinas (BSP) said the GIR in May posted a modest 0.18 percent increase from the final April figure. This level remains comfortably above international benchmarks, covering more than seven months’ worth of imports, the BSP said.
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2 weeks ago |
malaya.com.ph | Jimmy Calapati
Since inflation slowed to a new six-year low of 1.3 percent in May, the likelihood of a 25-basis point cut by the central bank in its next Monetary Board meeting later this month has become more certain, analysts said. Analysts interviewed by this paper said the Bangko Sentral ng Pilipinas (BSP) is expected to use this ample room to maintain its monetary easing stance to encourage borrowing and boost economic activity in the country.
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3 weeks ago |
malaya.com.ph | Jimmy Calapati
Philippine headline inflation eased further to hit a new six-year low of 1.3 percent in May, which the government welcomed as an indication of easing price pressures toward “a more stable cost of living for Filipinos.”On Thursday, the Philippine Statistics Authority (PSA) released official data showing headline inflation down further from a previous low of 1.4 percent in April, as annual increases in utilities and transportation costs slowed.
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3 weeks ago |
malaya.com.ph | Jimmy Calapati
Philippine headline inflation eased further to 1.3 percent in May, a new six-year low, from 1.4 percent in April, as annual increases in utilities and transportation costs slowed, the Philippine Statistics Authority (PSA) said on Thursday. This brings the average inflation rate from January to May 2025 to 1.9 percent. In May 2024, the inflation rate was higher at 3.9 percent.
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3 weeks ago |
malaya.com.ph | Jimmy Calapati
The Philippine economy will expand by 5.6 percent this year and by a further 6 percent in 2026 in a broadly stable growth momentum, the Organization for Economic Cooperation and Development (OECD) said in its latest outlook released on Wednesday.
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MB slaps RCBC with P1B fine ON $81M CYBER HEIST https://t.co/D96asnIUwY via @Malaya_Online https://t.co/D96asnIUwY

RCBC said amount shall be paid in 2 equal tranches over a one-year period @Malaya_Online

RCBC: we will comply. @Malaya_Online