How PSEi member stocks performed — February 17, 2023
How PSEi member stocks performed — February 17, 2023 – BusinessWorld Online
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BSP cuts reserve ratio, flags rate lull
BW FILE PHOTO By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday cut banks’ reserve requirement ratio effective June 30, while signaling that it would not touch the key rate. The central bank would cut the ratio for universal
April factory output rises by 8.2% on solid demand
A worker is seen inside a manufacturing plant in Sto. Tomas, Batangas, March 1, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALES MANUFACTURING OUTPUT in the Philippines rose to a three-month high in April amid strong domestic demand. Factory output, as measured by the
Philippine lenders’ April bad loan ratio worsens
REUTERS BAD LOANS of Philippine banks rose in April, bringing their nonperforming loan ratio to the highest in seven months, the central bank said on Thursday. The banking industry’s gross bad loan ratio increased to 3.41% from 3.33% in March, though it