Philippines
Central Bank of the Philippines - Annual Report 07
With 7.3% GDP growth in 2007, the Philippines achieved its highest output performance of the past three decades last year and the government's growth target, notes the country's central bank in its latest Annual Report.
Philippines cuts again as inflation abates
The Central Bank of the Philippines cut rates by half a point for the second month in a row on Friday, citing a shift in the inflation outlook.
Tetangco on bank security in the Philippines
Bank security management goes beyond guard deployment and monitoring, said Amando Tetangco, the governor of the Central Bank of the Philippines.
Philippines' Tetangco: 2009 will be critical
Philippines ended 2008 fairly unharmed from the global financial turmoil but 2009 is critical, said Amando Tetangco, the governor of the Central Bank of the Philippines.
Lower inflation gives Manila scope to cut
Inflation in the Philippines fell by almost two percentage points, affording the central bank the opportunity to consider cutting rates further.
Philippines cuts as World Bank pledges $200m food
The Central Bank of the Philippines lopped half a point off its key rate on Thursday as the World Bank approved a $200m loan to ensure the country's poor would have basic foodstuffs amid the growth slowdown.
Philippine's Tetangco - links with US decisive
The macroeconomic impact of the current turmoil on Philippine's economy will depend on trade links with the United States, remittances and investments, said Amando Tetangco, the governor of the Central Bank of Philippines.
We deserve praise: Philippines' Tetangco
Amando Tetangco, the governor of the Central Bank of the Philippines, believes the institution's Monetary Policy Committee has performed well, all things considered.
Philippines' Tetangco praises microfinance
Microfinance is no longer a "mere buzzword" but part of the financial mainstream, said Amando Tetangco, the governor of the Central Bank of the Philippines.
Philippines' Tentango on links with banks
Amando Tetangco, the governor of the Central Bank of the Philippines, said that the institution should foster stronger links with the country's banking sector.
Philippines keep rates on hold
After implementing five cuts in the benchmark interest rate since July last year, the central bank of the Philippines kept interest rates unchanged at 5% on 24 April.
Inflation on course to hit target: NBP's Skrzypek
Polish inflation is still expected to return to target in the medium term, Slawomir Skrzypek, the governor of National Bank of Poland, said.
Philippines looks to end special vehicles
The central bank in the Philippines is seeking to draw a line under special purpose investment vehicles that are a legacy of the Asian financial crisis that erupted more than a decade ago.
Philippines's Tetangco warns on inflation risks
Prospects of further rate cuts in the Philippines dimmed after Amando Tetangco, the governor of the central bank, highlighted risks to the inflation outlook.
Philippines lowers rates to 5%
The Central Bank of the Philippines's rate-setting monetary board on Thursday cut its key policy rate by a quarter-point to 5%.
Philippines's Tentangco notes strong performance
The Filipino economy achieved the ideal confluence of high growth and low inflation in 2007, said Amando Tetangco, Jr, the governor of the central bank.
Philippines cuts rates to 5.25%
The Central Bank of the Philippines's rate-setting board voted on Thursday to reduce its benchmark overnight borrowing rate to 5.25%. The decision marks the third rate cut in a row for the central bank.
Philippines cuts rates to 15-year low
The Central Bank of the Philippines's rate-setting board voted on Thursday to lower its benchmark key policy rate to 5.5%, the lowest level for 15 years.
New payments model needed, says RBI
The Reserve Bank of India (RBI) has suggested that a change in its regulatory regime, allowing migration to a new payments model featuring the use of mobile phones and pre-paid cards, could soon be under way.
World Bank to invest $5 billion in bonds for poor
The World Bank will set up a $5 billion fund to invest in bonds denominated in currencies of poor nations.
Rules found to hinder remittance payments
Regulatory compliance is the main barrier to doing business in the area of workers' remittance payments, according to a poll of Sibos delegates.
Philippines cuts rates
The Central Bank of the Philippines surprised the markets on Thursday by deciding to lower its key policy rates by 25 basis points to 5.75%, for the overnight borrowing rate, and 7.75% for the overnight lending rate.
Philippines to hold rates
Amando Tetangco, governor of the Central Bank of the Philippines, hinted that interest rates would remain unchanged for the foreseeable future.
Philippines: e-rediscouting system
In a speech made on the launch of an electronic rediscounting system, Amando Tetangco Jr, governor of the central bank of the Philippines, said that the system would expand access to credit of countryside areas in the Mindanao region.