BSP May Soon End Rate Hike Cycles as Inflation Eases
Bank of America (BofA) expects the Bangko Sentral ng Pilipinas (BSP) to deliver one final rate hike in August 2026 before ending its tightening cycle, citing weak economic growth and easing inflation According to BofA’s research note, BSP may raise its benchmark rate by 0.5 percentage points at its August 27 policy meeting, bringing the policy rate to 4.75%. This would […]
PH to Secure $1.5B Loan from World Bank, ADB for Capital Market Push
The Philippine government is seeking $1.5 billion in loans from the World Bank and the Asian Development Bank (ADB) to strengthen and expand its capital markets. The Department of Finance (DOF), working with the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC), is leading this effort. On August 6, a program information document (PID) […]
Data Breach Costs Balloon in SEA
12% Increase in Costs Data breaches in 2026 have cost Southeast Asian companies 12% more compared to the previous year. This year, breaches have cost institutions in the region 4.1 million dollars. This is in comparison to the global average of nearly 5 million dollars—and the US average of 11.5 million dollars. Though overall costs are lower than the global average, financial companies are hit hardest: […]