Luisa Jocson
@luisacjocson
reporter for BusinessWorld 📧 [email protected]
ID: 1471462653726199809
16-12-2021 12:50:24
365 Tweet
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The government is open to adopting a seasonal tariff scheme for rice imports to better protect farmers, according to DEPDev Sec. Balisacan. BusinessWorld bworldonline.com/top-stories/20…
“Maybe two more cuts. Not necessarily consecutive. Still 25-bps at a time, given what we know about what’s going on,” BSP Governor Eli M. Remolona, Jr. bworldonline.com/top-stories/20… by Luisa Jocson via BusinessWorld
The Bangko Sentral said it is looking at shifting to a point target for inflation, from the current 2-4% target band, its top official said. "In the US, it’s just 2%. In many other central banks, it’s just one number" - BSP Governor Eli Remolona, Jr. bworldonline.com/top-stories/20…
The Anti-Money Laundering Council (AMLC) is pushing amendments to the Anti-Money Laundering Act as part of its next steps to ensure the country stays out of the Financial Action Task Force’s (FATF) “gray list.” BusinessWorld bworldonline.com/top-stories/20…
“Tariffs alone won’t fix the country’s rice woes,” ADB Senior Director Qingfeng Zhang told BusinessWorld. “While prices have since eased — dropping from a 24.4% peak to near-zero inflation — local farmers are feeling the strain." bworldonline.com/top-stories/20…
The Bangko Sentral is seeking to amend its regulatory relief policy for banks in order to provide them with more support during calamities and disasters. BusinessWorld bworldonline.com/top-stories/20…
The United States' remittance tax could trim the Philippines’ remittance growth by 0.5 percentage point (ppt), the Bangko Sentral ng Pilipinas (BSP) said. BusinessWorld bworldonline.com/top-stories/20…
BREAKING: Headline inflation eased to 0.9% in July from 1.4% in June and 4.4% a year ago. This was also below the 1.2% median estimate yielded in a BusinessWorld poll of 17 analysts. BusinessWorld
LOOK: The top contributors to July inflation, with meat of pigs and poultry accounting for 0.5 percentage point (ppt) and 0.3 ppt, respectively. BusinessWorld
LOOK: The Bangko Sentral is developing new rules for financial institutions to protect consumers from online gambling risks. BusinessWorld
BREAKING: The Bangko Sentral ng Pilipinas (BSP) cuts its benchmark rate by 25 basis points to 5.00%. This is the third consecutive cut the BSP has delivered this year. BusinessWorld
LOOK: BusinessWorld was awarded “Daluyan ng Dunong: Most Supportive Media Partner - Online” by the Philippine Institute of Development Studies (PIDS) during its first PIDS Media Awards on Sept. 1, 2025. | BusinessWorld
LOOK: The peso hit an all time low of P59.13 against the dollar on Tuesday, weakening by 23 centavos from Monday’s finish. This was the peso’s weakest finish in over 10 months or since ending at P59 in Dec. 19, 2024. BusinessWorld