Rappler's latest stories on Amando Tetangco
Tetangco, Mendoza quit Philippine Airlines board
The resignation of Amando Tetangco Jr and Estelito Mendoza will be taken up in the Philippine Airlines' next board of directors meeting, according to the company's corporate secretary

BSP maintains interest rates in Tetangco's final Monetary Board meeting
While global economic conditions remain challenging outgoing BSP Governor Amando Tetangco Jr says prospects for domestic economic activity continue to be firm

Philippine peso, stock market stable despite martial law declaration
BSP Governor Amando Tetangco Jr points out however that there may be temporary cautiousness in the next few days

Why Espenilla was chosen new BSP governor
Former Central Bank governor Jose Cuisia has these to say about BSP s Amando Tetangco Nestor Espenilla and Diwa Guinigundo

#ThewRap: Things you need to know, May 12, 2017
Hello Here are the stories you shouldn t miss this Friday

BSP maintains policy rates, inflation forecast
There is only one more policy meeting left before Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr hands over the reins to his successor

EXPLAINER: Why is the role of Bangko Sentral governor important?
(UPDATED) The governor of the central bank should stay independent from politics. What are the other important roles of a BSP governor?

Philippine bankers cheer Espenilla's appointment
UPDATED Outgoing BSP Governor Amando Tetangco Jr and most bankers got what they asked and hoped for: an insider with years of central banking experience

Who is new BSP governor Nestor Espenilla?
President Rodrigo Duterte picks technocrat Nestor Espenilla Jr as the new Philippine central bank chief replacing world acclaimed Amando Tetangco Jr

Duterte appoints Espenilla as BSP governor
UPDATED A very wise choice after a thorough evaluation of the future needs of the country and of all the candidates says Finance Secretary Carlos Dominguez III

Inflation to rise until Q3 of 2017 – BSP
Despite global risks iinflation remains manageable and will fall within the target range by yearend says outgoing BSP chief Amando Tetangco Jr

BSP keeps policy stance, cuts inflation forecast
The Bangko Sentral ng Pilipinas lowers its inflation outlook for 2017 and 2018 to 3 4 and 3 respectively

Who should be next BSP chief? Tetangco prefers 'insider'
Expertise familiarity and patience are the top 3 qualities Amando Tetangco Jr look for in his successor

COA to BSP's Tetangco: Return excess allowance
BSP executives receive a P6 000 P9 500 per diem for every meeting they attend instead of the P1 000 per meeting allowed by law

Duterte's PDP-Laban backs EastWest Bank head for BSP governor
Antonio Moncupa Jr who also heads the PDP Laban policy think tank gets the endorsement of the ruling party

Inflation seen at 2.3%-3.2% in January – BSP
Higher domestic prices of fuel as well as excise tax adjustments for alcoholic beverages and tobacco products would likely affect prices of basic goods and services

5 reasons the gold shipment complaint vs Aquino is a joke
Wrong documents wrong dates wrong government posts are cited
Duterte on martial law, Central Bank, Tropical Storm Nina | Midday wRap
Watch Rappler s midday newscast with Maria Ressa

BSP maintains monetary policy, inflation targets
The Bangko Sentral ng Pilipinas keeps the inflation target for 2017 and 2018 at 3

BSP to intervene if there's too much forex volatility
We just need to further enhance our surveillance and continue to build buffers because there are many moving parts in the external sector in the global economy says BSP chief Amando Tetangco Jr

BSP chief Tetangco open to possible 3rd term
Let us cross the bridge when we get there BSP Governor Amando Tetangco Jr says about the offer which requires an amendment of the BSP Charter

Philippines maintains monetary policy; cuts inflation forecasts
The BSP trims inflation forecasts for this year and the next to 1 8 from 2 and to 2 9 from 3 1 respectively

BSP: New system to shorten check clearing process to a day
The new system will eliminate transport risks on the physical checks said Tetangco It will also address consumer protection issues that may come about from stolen or otherwise altered checks

BSP's Tetangco is 2015's highest paid gov’t official
GSIS general manager Robert G Vergara who was government’s top earner in 2012 and 2013 is second with P13 449 million in earnings

Gov't unsatisfied with Fitch's PH credit rating
The Philippines is still underrated as it outperforms its neighbors in Southeast Asia in terms of economic growth drivers Finance Secretary Cesar Purisima says

OFW remittances in December hit record high at $2.7B
Although potential layoffs threaten the Saudi labor market OFW remittances last December surge by 4 9

Philippines gets credit rating upgrade from NICE
With this latest credit rating action from NICE Fitch Ratings remains the only agency that assigns the minimum investment grade to the Philippines

PH 2015 inflation settles at 1.4%
While expected it is still below the government s 2015 target of 2 4 but upward price movements push December inflation to 1 5
Despite US Fed decision, BSP keeps interest rates unchanged
Gov t officials say there s no need to worry about the US Fed interest rate hike as the Philippines has sound macroeconomic fundamentals
Foreign direct investments surge 123.4% in Sept
But despite hitting a record high of 1 5B for that month it is still down 5 5 in 9 months this year
BSP eyes expanding e-payments by 2020
The National Retail Payment System will facilitate the country’s shift from a cash heavy to a cash lite economy
PH foreign exchange reserves down in November
Following a record high in October gross international reserves decline due to higher foreign debt payments and lower gold prices in the world market
BSP eyes increasing yuan investments
Investing in the yuan remains an option for the central bank in line with its diversification policy
Remittances grow 4.3% in September after August setback
Cash sent home by Filipinos abroad grew 4 3 to 2 2 billion in September

BSP to change P100 bill color in 2016
The new P100 will have a different shade – mauve from bluish gray – but will have the same design
Fitch raises PH outlook to positive
The Philippines is still underrated as it continues to outperform its single A rated neighbors in Southeast Asia Finance Secretary Cesar Purisima says

For the 8th time, key interest rates still unchanged
The benign inflation outlook also provides ample room to keep monetary policy settings unchanged at this time

PH external debt falls first half of 2015
The central bank chief traces the decline to negative foreign exchange revaluation adjustments amounting to 2 6 billion as the US economy continues to gradually recover

For the 7th time, BSP chief hailed one of the world's top central bankers
Amando Tetangco Jr has been graded A by NY based Global Finance magazine along with 7 other central bank chiefs worldwide


PH peso rebounds from 3-day losing streak
The exchange rate remains flexible and market determined BSP Deputy Governor Diwa Guinigundo says

BSP maintains policy rates, lowers inflation forecast
Given firm domestic demand the BSP apparently considers that the Philippine economy does not require additional stimulus from monetary policy

PH peso weakens further to P46:$1
Despite the newest 5 year low record BSP s Deputy Governor Diwa Guinigundo says the peso is holding its ground and is one of the least depreciated currency in the region

PH peso weakens to 5-year low
The country s central bank says currencies in the region weaken after Chinese authorities devalue their tightly controlled currency

PH foreign exchange reserves slip in July
The central bank expects the Philippines to end the year with about 81 6 billion in dollar reserves
July inflation hits 20-year low
This allows the country s central bank to maintain a monetary policy that sustains rapid economic growth

Support electronic retail payment, BSP urges
The BSP governor urges banks institutions to support ERPs system to boost savings and expand reach of financial services to more Filipinos

BSP ready to step in if China slowdown heightens
The central bank is confident that the economy will withstand the slowdown having faced similar pressures last year

PH peso 2nd least volatile Asian currency so far in 2015
The peso has moved within acceptable range despite the Greek bailout and China’s stock market collapse
PH banks can meet higher capital buffers – Fitch Ratings
Overall Philippine bank capitalization is relatively robust as several lenders have already boosted their capital requirements
