Philippines
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.
Philippines to ease rules on bank investments
Amando Tetangco, governor of the central bank of the Philippines, has said rules concerning bank investments in overseas assets are to be eased.
Twin move leaves Philippine policy "neutral"
The Philippine central bank announced a sharp reduction of rates from 7.5 to 6% on 12 July. The move was, however, accompanied by the abolition of a policy of paying lower interest on large deposits with the central bank.
Basel II and risk management in the Philippines
As the Philippines gears up for Basel II, Amando Tetangco, Jr, the central bank's governor set out areas where the central bank could work with the banking system to improve risk management processes.
Central Bank of the Philippines - Annual Report 06
According to the Central Bank of the Philippines Annual Report 2006, the year 2006 saw a vibrant Philippine economy.
Philippines' Tetangco on harnessing credit
In the speech 'Harnessing credit for a better life for all' given on 19 April Amando Tetangco of the Central Bank of the Philippines said access to credit is an important element of economic development.
Philippines' Tetangco on migration, remittances
In the speech 'Migration, remittances, economic development and the role of banks' given on 15 March Amando M Tetangco, Jr of the Central Bank of the Philippines said the Philippine central bank's initiatives to further improve the environment for…
Tetangco on supervision in the Philippines
In the speech 'Meeting the challenges of a rapidly changing supervisory and regulatory landscape' given on 21 February Amando M Tetangco of the Central Bank of the Philippines said the regulatory reforms in central banking are inevitable across all…
BSP's Tetangco on the Philippine economy
In the speech 'A tipping point and a rising tide is lifting up the Philippine economy' given on 20 February Amando M Tetangco of the Central Bank of the Philippines said economic and fiscal achievements in 2006 have created a positive momentum for the…
Tetangco on the BSP and the banking community
In the speech 'The BSP and the banking community: A partnership for a better year in 2007' given on 16 January Amando Tetangco of the Central Bank of Philippines said in the banking sector, we expect further expansion of bank resources, improvement in…
Taiwan signs MOU with Philippines central bank
Taiwan's Financial Supervisory Commission announced Friday 2 February it had signed a Memorandum of Understanding (MOU) with the Central Bank of the Philippines.
Tetangco on the BSP and the banking community
In the speech 'The BSP and the banking community - a partnership for a better year in 2007' given on 16 January Amando Tetangco of the Central Bank of the Philippines said inflation is seen to continue to slow down in 2007, with the government target of…
Philippines' Tetangco on risk management
In the speech 'Central Bank of the Philippines' initiatives to strengthen risk management practices in banks' given on 6 December Amando M Tetangco, Jr of the Central Bank of the Philippines said BSP initiatives are geared towards simultaneously…
Former central bank governor Buenaventura dies
This article published Friday 1 December by the Philippines Daily Inquirer reports the death of former governor of the Philippines central bank Rafael Buenaventura.
Remittances on the rise in the Philippines
Money sent home by Filipinos working abroad rose 18% to $1.1bn in June compared to the same month last year.
Central Bank of the Philippines - Annual Report 05
According to the Central Bank of the Philippines Annual Report 2005, the Philippine economy expanded by 5.1 percent in 2005, buoyed by the continued growth of the services and industry sectors on the production side and sustained consumer expenditures on…