Posted at 02/25/20 10:52 AM
The BSP could implement its second 25-basis point cut for the year "possibly in May or even earlier," Standard Chartered Asia economist Chidu Narayanan told ANC's Market Edge.
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Philippine shares ended the week on a duller note with the central bank's latest interest rate cut not doing much for the local market.
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Real estate specialist Colliers International says hotels are already being hard hit by the coronavirus global health scare. It believes the rest of the real estate sector may not be too far behind.
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Fitch Solutions says Asia's growth faces downside risks due to the Wuhan coronavirus outbreak.
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The three-year-old song from Sarah Geronimo became a surprise hit 3 years later, and during the Christmas season at that.
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World commodity prices will remain "depressed" due to weak demand from China, where millions are on lockdown and with many countries closing their borders to those from the mainland, said ING Bank analyst Nicholas Antonio Mapa.
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Philippine shares rallied for the third straight day alongside Asian peers on hopes of a cure for the novel coronavirus.
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The Philippine economy is widely seen weathering the potential negative impact from the novel coronavirus.
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Cargo vessels passing through China or Hong Kong will still be allowed to dock in the Philippines to avoid disrupting the cargo supply chain.
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Philippine inflation may have quickened in January but the outcome is still within the Bangko Sentral ng Pilipinas' comfort range, supporting views it will likely cut interest rates when it meets Thursday.
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