On Thursday theBankgo Sentral ng Pilipinas(BSP), our central bank, will decide on what it will do (or not do) with respect to interest rates to address the persistent problem of inflation. TheUS Federal Reservealready decided to “skip” this round of rate raises, but indicated that they...
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The benchmark Philippine Stock Exchange index or PSEi gained 73.58 points or 1.20 percent to close at 6,191.84 while the broader All Shares index rose 30.17 points or 0.83 percent to end at 3,631.15. All the other gauges went up, with the services, holding firms and financials among the ...