BSP to continue to support recovery

PHILIPPINE STAR/ MICHAEL VARCAS THE CENTRAL BANK will continue to maintain support for the economy’s weak recovery, as inflation is expected to slow down in the last months of the year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said. “The BSP will remain vigilant over the current inflation […]

Shares drop further as IMF cuts growth outlook

PHILIPPINE shares declined on Wednesday after the International Monetary Fund (IMF) lowered its economic growth outlook for the country and as investors remained cautious ahead of the announcement of new quarantine restrictions. The Philippine Stock Exchange index (PSEi) lost 38.90 points or 0.54% to close at 7,068.92 on Wednesday, while […]

Shares drop further as IMF cuts growth outlook

PHILIPPINE shares declined on Wednesday after the International Monetary Fund (IMF) lowered its economic growth outlook for the country and as investors remained cautious ahead of the announcement of new quarantine restrictions. The Philippine Stock Exchange index (PSEi) lost 38.90 points or 0.54% to close at 7,068.92 on Wednesday, while […]