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  1. Join Date
    Sep 2003
    Posts
    21,876
    #1591
    JUST IN: Philippine employment rate for July 2019 at 94.6%.
    Number of employed persons: 42.95 million.

    Unemployment rate at 5.4%.
    Number of unemployed persons rise by 4.4%, equivalent to 2.43 million people.
    Inflation continues downtrend at 1.7% in August 219


    MANILA, Philippines – Prices rose at a much slower pace of 1.7% in August, the Philippine Statistics Authority announced on Thursday, September 5.

    The latest figure is lower than the 2.4% inflation rate in July, and is the lowest since October 2016, when the inflation rate was 1.8%.

    It is also lower than the government's target range of 2% to 4%
    Last edited by Monseratto; September 5th, 2019 at 10:43 AM.

  2. Join Date
    Nov 2005
    Posts
    34,875
    #1592
    BSP rate cut

  3. Join Date
    Nov 2005
    Posts
    34,875
    #1593
    Bangko Sentral announces another cut in banks' reserve requirement | Philstar.com
    MANILA, Philippines The Bangko Sentral ng Pilipinas announced Friday a new round of reduction in the amount of cash banks must hold as reserves in a bid to inject more liquidity into the financial system amid easing inflation and concerns about economic growth.

    The BSP said it decided to trim the reserve requirement ratio, or RRR, by 100 basis points (one percentage point) to 15% for universal banks, 5% for thrift banks and 3% for rural banks effective November.

    lower RRR means banks can lend out more money

  4. Join Date
    Sep 2003
    Posts
    21,876
    #1594
    Quote Originally Posted by uls View Post
    Instead of going 52 plus, peso closed at 51.90....

  5. Join Date
    Oct 2012
    Posts
    3,694
    #1595
    Quote Originally Posted by uls View Post
    Possible with low interest rate bruh?


    Sent from my iPhone XS Max using Tapatalk

  6. Join Date
    Nov 2005
    Posts
    34,875
    #1596
    Quote Originally Posted by ray_noel View Post
    Possible with low interest rate bruh?


    Sent from my iPhone XS Max using Tapatalk
    naka 3 rate cuts na bsp this year

  7. Join Date
    Nov 2005
    Posts
    34,875
    #1597
    Quote Originally Posted by Monseratto View Post
    Instead of going 52 plus, peso closed at 51.90....
    I think it's coz another rate cut isn't likely

    PHP supported

  8. Join Date
    Mar 2006
    Posts
    13,023
    #1598


    i hope the new P 5 coin would be easier to differentiate from the other coins this time around.

    Sent from my ASUS_Z00AD using Tapatalk

  9. Join Date
    Mar 2008
    Posts
    38,089
    #1599
    putting a hole into the coin is very easy and will make it very easy to differentiate from non-holey coins.
    "pramis, hindi ko gagawing washer!"
    heh heh.

  10. Join Date
    Jan 2005
    Posts
    5,915
    #1600
    Quote Originally Posted by baludoy View Post


    i hope the new P 5 coin would be easier to differentiate from the other coins this time around.

    Sent from my ASUS_Z00AD using Tapatalk
    I hope they follow the old color scheme.

    Sent from my SM-T725 using Tapatalk

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Philippine Economy Talk