philippines

Completion marks the bank’s second consumer business divestment, following its agreement with NAB in Australia.

Newly appointed Bangko Sentral ng Pilipinas (BSP) governor, Felipe Medalla, tells FinanceAsia about balancing different macroeconomic objectives and choosing the right policy in the face of supply side shocks.

At a recent media conference, incoming Bangko Sentral ng Pilipinas (BSP) governor, Felipe Medalla, stressed the bank’s focus on stabilising inflation, and does not rule out more aggressive policy tightening.

Speaking at his first international media briefing of the year, Philippines central bank chief Benjamin E. Diokno shared the country’s latest economic indicators and the sectors he expects will drive FDI in 2022.

The acquisition is the Philippines’ largest M&A this year and looks smart given pressures on the domestic refining sector and an expected rise in imports next year.

With its third bond issue this year, the sovereign captured a favourable market window and is seen as unlikely to return in early 2021.

Central bank’s independence is intact, says Philippine central bank head, as he elaborates on his vision for poverty alleviation and financial inclusion -- usually the mandate for an elected office.

The rationale for the winners in Malaysia, Mongolia, Myanmar, Pakistan and the Philippines.

The international hunt for yield has helped the Philippines sell its largest-ever offshore bond, but despite a ratings upgrade by S&P, it must balance fiscal easing with a balanced currency.