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December 10, 2023

Inflation to breach BSP’s 2-4% target in H2 until Q1 2023

Philippine central bank Governor Benjamin Diokno sees inflation breaching the government’s two to four percent target starting the second half of the year until the first quarter of next year due to higher global oil and non-oil prices as well as positive base effects.

PSBank keeps highest credit rating

Philippine Rating Services Corp. (PhilRatings) has retained the PRS Aaa rating and stable outlook of Philippine Saving Bank (PSBank) led by Jose Vicente Alde.