Market Chatter: Philippines External Debt Burden Drops 20% in April

Philippines' external debt service burden declined 19.8% as of end-April, Business World reported Monday, citing preliminary data from the Bangko Sentral ng Pilipinas.

MT NewswiresJul 22 02:14 ET

China's Central Bank Holds Key Policy Rates Steady -- Update

China's central bank kept key policy rates unchanged on Monday, indicating a likely hold on the country's benchmark lending rate later this month even as signs of economic weakness raise expectations that easing may be in the pipeline.

Dow JonesJul 15 02:55 ET

Citic sec: Optimizing the LPR mechanism to improve the quality and efficiency of finance.

Currently, OMO has gradually become the core of policy interest rates. Optimizing loan pricing benchmarks can help improve interest rate transmission efficiency, balance the goals of the money and credit markets, alleviate the impact of asynchronous pricing of deposits and loans, and help stabilize bank interest margins.

Zhitong FinanceJul 14 21:27 ET

Philippines' Total External Trade Contracts 1.2% in May; Trade Deficit Widens

The Philippines' total external trade of goods slid 1.2% year over year to $17.26 billion in May from $17.46 billion a year prior, preliminary data from the Philippine Statistics Authority showed

MT NewswiresJul 10 00:10 ET

HTSC: An analysis of the potential direction of consumer tax reform.

According to a research report published by htsc on the Zhitong Finance App, the reform of consumption tax may focus on adjusting the taxation scope and tax rate, discretionary delay in the collection process, moderate downward shift of income distribution to marginally alleviate local fiscal gaps, but with relatively mild macro-level impacts.

Zhitong FinanceJul 9 01:57 ET

Philippines' Jobless Rate Rises in May

The Philippines' unemployment rate rose to 4.1% in May from 4.0% in April, translating to 2.11 million Filipinos who were without jobs, according to the preliminary data released by the country's statistics agency on Monday.

MT NewswiresJul 8 05:52 ET