Philippines: Amid Easing Broad Money, BSP's Anti-Inflation Bias Intensifies
Summary: Broad money deceleration in June was due to less liquidity spillover from Treasury’s deficit-funding (withdrawal of its cash deposits...
367 Views
Philippines: Revenue Overperformance Dissipates 2Q18 Fiscal Stimulus
Summary: With a 2Q primary surplus, the 1H18 fiscal backdrop flagged waning fiscal stimulus due to better- than-programmed revenues eclipsing...
504 Views
The Philippines: Analysis of the State of the Nation Address 2018 - No Surprises by Duterte
President Duterte delivered his third and shortest-ever SONA early this week, with little by way of surprises. He reiterated support and momentum...
482 Views
Bangko Sentral's Rate Hike to Persist While Bank Reserve Cuts Stall
In a departure from BSP's (Bangko Sentral ng Pilipinas) plan to recalibrate its operational liquidity tools, BSP Gov. Nestor Espenilla Jr....
493 Views
Swelling Philippine Trade Gap in May Despite A Competitive PHP
Executive Summary: Hefty trade gap in May did not severely undermine the BoP Competitive PHP boost unable to offset lackluster export...
514 Views