The Philippines’ central bank raised interest rates again as it looks to tame inflation fueled by the conflict in the Middle East, the Wall Street Journal reported. Warning that price pressures remain strong, the bank said Thursday that it is ready to take further action to get inflation back to target. Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate by 25 basis points to 4.75% and lifted its benchmark lending rate by the same amount to 5.25%, tightening policy settings once more despite the risk of slowing already-weak growth.

The Philippines is tightening its grip on crypto markets once again, Decrypt.com reported. The Bangko Sentral ng Pilipinas (BSP) has issued new coin and token listing guidelines requiring all licensed Virtual Asset Service Providers (VASPs) to implement rigorous due diligence and accreditation processes before offering digital assets to customers.

Philippine financial regulators are sounding off potential foreign exchange risks as big conglomerates face large debt maturities of about P1.6 trillion ($26 billion) over the next three years, Bloomberg reported. “Large conglomerates face a sizable wall of upcoming maturities and FX obligations,” according to the 2025 Financial Stability Report released on Monday. The maturities make up nearly a quarter of total debt by Philippine conglomerates and are scheduled to mature between 2027 and 2029, according to the annual report.

The Philippine central bank raised rates in a preemptive move against rising inflation risks driven by the Middle East conflict, the Wall Street Journal reported. The decision reflect a dilemma facing many central banks: tighten policy now to curb energy-driven inflation at the cost of economic growth, or wait and risk falling behind. Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate to 4.50% from 4.25%, breaking from most peers in Asia. It also raised its benchmark lending rate to 5.00% from 4.75%.

The Philippine central bank cut rates at its first meeting of the year, a widely expected move as weak growth underlines the need for more economic support, the Wall Street Journal reported. Bangko Sentral ng Pilipinas lowered its benchmark overnight reverse repurchase rate by 25 basis points to 4.25% from 4.50% on Thursday, delivering a sixth straight round of easing. It reduced its benchmark lending rate to 4.75% from 5.00%.

The Philippine central bank delivered a fourth straight rate cut, surprising markets as it flagged a weaker growth outlook, the Wall Street Journal reported. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 4.75% from 5.00% on Thursday. It also lowered its benchmark lending rate to 5.25% from 5.50%. Backing the case for easing: a seven-month streak of below-target inflation and sluggish economic growth. The central bank said in a statement that the outlook for domestic growth has weakened.

The Philippine central bank lowered its policy rate for a third consecutive time to bolster the economy, as low inflation provides room to keep supporting growth, the Wall Street Journal reported. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 5.00%. It also lowered its benchmark lending rate, to 5.50% from 5.75%. A backdrop of benign price pressure gives policymakers the space to keep easing monetary settings to prop up weak growth.

The Philippine central bank lowered its policy rate for a third consecutive time to bolster the economy, as low inflation provides room to keep supporting growth, the Wall Street Journal reported. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 5.00%. It also lowered its benchmark lending rate, to 5.50% from 5.75%. A backdrop of benign price pressure gives policymakers the space to keep easing monetary settings to prop up weak growth.

U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House, and said U.S. goods would pay zero tariffs, Reuters reported. The new tariff rate is just below the 20% threatened by Trump earlier this month, but still above the 17% rate set in April when Trump announced what he called reciprocal tariff rates for dozens of countries. It matches the 19% rate announced for Indonesia and bests Vietnam's slightly higher rate of 20%.