Central Bank of the Philippines News and Monetary Policy Updates
BSP urges ASEAN central banks to weigh AI risks and opportunities
Southeast Asian central banks are being urged to factor artificial intelligence into policy planning as the technology reshapes productivity, financial inclusion and economic uncertainty. The ...
Philippine inflation accelerates to 7.8% as energy costs lift transport and utility prices
Consumer prices in the Philippines rise faster in October, pushing inflation to its highest level this year as energy costs feed through to household services and imported goods. The latest ...
Philippine inflation seen peaking in November as El Niño, holiday demand add pressure
Price pressures in the Philippines remain elevated heading into year-end, with economists expecting inflation to reach a fresh high in November. Forecasts cluster between 7.3% and 8.2%, reflecting ...
Philippine peso recovery depends on stronger fundamentals, not rate hikes
Pressure on the Philippine peso is highlighting the limits of monetary tightening as a currency support tool amid persistent external risks. GlobalSource Partners says a more durable rebound in ...
Philippine inflation likely accelerates as fuel, power and food costs rise
Philippine consumer price growth likely quickens in October, with analysts expecting inflation to reach 7.6% and set a new high for the year. The estimate remains within the Bangko Sentral ng ...
Philippine banks’ profit rises as net interest income grows
Higher borrowing costs continue to support Philippine banks’ earnings in the first nine months, even as non-interest income weakens and operating expenses increase. Preliminary central bank data ...
Philippine bonds seen outperforming Asia as inflation and war risks ease
Philippine government bonds are seen as potential top performers in Asia if domestic inflation cools and geopolitical pressures linked to the Iran war subside. The view supports expectations that ...
BSP bill yields rise for fourth straight week amid strong demand
Short-term liquidity absorption remains a key part of the Bangko Sentral ng Pilipinas' market operations as rates on its 28-day securities continue to move higher. The latest auction shows ...
DBP wins Asia-Pacific development finance awards for education and inclusion programs
The Development Bank of the Philippines is gaining regional recognition for projects tied to education access, financial inclusion and local economic development. The state-owned lender says the ...
Philippines inflation outlook points to October price pressure staying above BSP target
Price growth in the Philippines is likely to remain elevated in October as energy and transport costs continue to weigh on household expenses. The projected range of 7.1% to 8.1% would keep ...
Philippines weighs more tools to support peso as currency pressure deepens
Mounting pressure on the Philippine peso is sharpening expectations that monetary authorities may need to go beyond recent rate action to steady the currency. The peso has fallen nearly 8% against ...
Philippine peso hits record low as currency weakens past 64 per U.S. dollar
Mounting pressure from higher oil prices and expectations of a hawkish U.S. Federal Reserve stance push the Philippine peso beyond the 64-per-dollar level for the first time. The move comes ...
Philippines fuel surcharge rises for early November flights
Air passengers in the Philippines face higher airline add-on charges in the first half of November as the Civil Aeronautics Board raises the allowable fuel surcharge to Level 17. The increase ...
Philippine peso nears P64 as dollar strength, oil volatility pressure currency
Mounting pressure on the Philippine currency pushes the peso to another all-time low against the U.S. dollar, extending a run of record closes into a sixth straight trading day. The move comes as ...
Philippine Treasury bill yields jump as BSP hawkish shift dents demand
Philippine short-term government borrowing costs are rising as investors demand higher returns after the Bangko Sentral ng Pilipinas delivered a larger-than-expected rate increase. The Treasury ...
Philippines rate hike outlook strengthens as banks see BSP tightening into early 2027
Inflation pressures in the Philippines are keeping expectations elevated for further monetary tightening after the Bangko Sentral ng Pilipinas lifted its benchmark rate to 5.5% in October. ...
Revolut advances Philippine digital banking license talks
The Philippines' push to widen digital banking access is drawing continued interest from foreign entrants as regulators assess new applicants after reopening license slots. Revolut is still in ...
Philippine peso may recover as Fed seen holding rates steady
After sliding to a fresh record low, the Philippine peso may find support this week as markets expect the U.S. Federal Reserve to keep interest rates unchanged. The local currency remains under ...
Philippine stocks face pressure as BSP tightening weighs on sentiment
Philippine equities are staying under pressure as investors assess a more aggressive monetary stance against rising inflation and a weakening peso. Analysts say the cautious tone is likely to ...
Philippine government bond yields rise as BSP tightening sharpens inflation focus
Philippine government securities yields mostly rise in the secondary market as investors assess persistent inflation risks, record peso weakness and a larger-than-expected policy move from the ...
Philippines oil price uncertainty drives stronger BSP response than actual crude gains, study finds
Rising energy market volatility is playing a larger role in the Philippines' inflation outlook than headline crude price moves alone. The finding points to why the Bangko Sentral ng Pilipinas ...
