Private sector economists expect the Bangko Sentral ng Pilipinas (BSP) to deliver another 25-basis-point (bp) policy rate cut at its Feb. 19 meeting, citing slowing growth momentum and inflation that remains within target ....
The BSP policymaking MonetaryBoard had reduced key policy rates by 200 basis points since it started cutting in August 2024 ... adding volatility and weakening the direct impact of BSP policy decisions.
Hyderabad. Across 123 urban local bodies (ULB) that went to polls in Telangana on February 13, results were declared in 2,995 of 2,996 wards, leaving one ward pending. The majority mark stood at 1,498 ...Ward arithmetic ... Bahujan Samaj Party (BSP) – 2 ... BSP ... .
The Bangko Sentral ng Pilipinas has removed the reserve requirement for trust and other fiduciary accounts, a sharp shift from earlier rules that required banks to set aside up to 17 percent of trust funds as reserves ....