Amando Tetangco, Jr.

Entity type image
Type: Person
Name: Amando Tetangco, Jr.
Title: Deputy Governor, Banking Services Sector - Central Bank of the Philippines (Philippines)
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Asian currencies’ fall continues on Fed fear

Asian currencies had a third weekly loss on concern that the US Federal Reserve will scale back stimulus that has spurred fund flows to emerging markets.The Bloomberg-JPMorgan Asia Dollar Index touched a six-week low on Thursday after Fed Chairman Ben ... [Published Taipei Times Online - 14 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Triple murder suspect nabbed

CAMP OLIVAS, Pampanga – Almost three years after they were found dead inside a sports utility vehicle in Angeles City, the police have finally arrested the suspected gunman in the killing of businessmen Florencio Yap, Dennis Guinto and Rene Tetangco in ... [Published Manila Standard Today - 14 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Philam Life takes ‘bold’ step with P1-B property sector investment

THE insurer Philam Life, arguably the most conservative of all risk-takers in the life-protection business, took a bold step this year by allocating a greater portion of its more than P130-billion investment portfolio in real estate.Its overseas parents ... [Published Business Mirror - 14 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Tighter SDA policy will not reduce fund facility significantly, says BSP

The latest policy of the Bangko Sentral ng Pilipinas (BSP) on tighter access to the special deposit account (SDA) window would not “significantly reduce” the funds in the facility, BSP Governor Amando M. Tetangco Jr. said on Friday.The central bank on ... [Published Business Mirror - 14 hours ago]
First reported May 24 2013 - Updated May 25 2013 - 1 reports

Asian Currencies Set for Third Weekly Decline on Fed Concern

Asian currencies headed for a third weekly loss on concern the Federal Reserve will scale back stimulus that has spurred fund flows to emerging markets.The Bloomberg-JPMorgan Asia Dollar Index touched a six-week low yesterday after Federal Reserve Chairman ... [Published Bloomberg - May 24 2013]
First reported May 24 2013 - Updated May 24 2013 - 5 reports

‘Major’ system liquidity shifts not expected

“We don’t anticipate major shifts in system liquidity as a result of the new policy on SDA access through trust departments,” central bank Governor Amando M. Tetangco, Jr. said in a text message on Friday.“This is based on our informed analysis of the ... [Published Business World - May 24 2013]
First reported May 24 2013 - Updated May 24 2013 - 2 reports

BSP ready to face withdrawal of stimulus measures abroad

MANILA, Philippines - The Philippines stands ready to respond should the planned withdrawal of stimulus measures abroad results into capital outflows.“While there may be a possible effect of an exit strategy, I think investors will still look at the fundamentals, ... [Published Philippine Star - May 24 2013]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Philippine Peso Set for Worst Week in Nine Months as Stocks Drop

The Philippine peso was headed for its biggest weekly loss in nine months on speculation an improving U.S. economy will prompt the Federal Reserve to rein in monetary stimulus. Bonds and stocks declined.Bangko Sentral ng Pilipinas is “closely monitoring” ... [Published Bloomberg - May 24 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Philippine business sentiment hits record high in Q2

Business confidence in the Philippines soared to a new high in the second quarter of this year due to bullish outlook on the economy, the Philippine central bank said Thursday. Businesses' overall confidence index rose to 54.9 percent, the highest reading ... [Published Individual.com - May 23 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

Philippines considers curbing property loans

[MANILA] The Philippines may further limit property loans to prevent a housing bubble as it uses lower interest rates rather than capital controls to deter inflows."We plan to reference real-estate exposure to adjusted capital of banks," Bangko Sentral ... [Published BT Invest - May 22 2013]
First reported May 20 2013 - Updated May 21 2013 - 3 reports

BSP cuts banks’ access to SDAs

Starting January next year, Bangko Sentral ng Pilipinas (BSP) will limit the type of funds that banks’ trust entities may put into special deposit accounts (SDAs).In a memorandum released yesterday, BSP Governor Amando Tetangco said that as part of continuing ... [Published Malaya Business Insight - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 3 reports

PHL posts US$ 274M BOP surplus in April ?13, end-April at US$ 1.81B

10:51 pm MANILA, May 20 -? The Philippines registered a lower balance of payment (BOP) surplus of US$ 274 million last April compared to the previous month?s level but the latest figure is a reversal of the deficit in the same period in 2012.Data released ... [Published Balita.org - May 20 2013]

Quotes

...rate, particularly given that there is sufficient liquidity in the system which has to be channelled to productive use," Mr Tetangco said in India. "it's a good time for investors to take advantage of this liquidity, which is available at historically low interest rates." - Bloomberg
But Tetangco said while lower interest costs would help its bottomline, it was not the main driver of its rate decisions. "a further cut in the sda rate has to be consistent with benign inflation and this will be assessed in the next policy meeting" Tetangco said

More Content

All (252) | News (249) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Asian currencies’ fall continues on Fed fear [Published Taipei Times Online - 14 hours ago]
Triple murder suspect nabbed [Published Manila Standard Today - 14 hours ago]
Tighter SDA policy will not reduce fund facilit... [Published Business Mirror - 14 hours ago]
Philam Life takes ‘bold’ step with P1-B propert... [Published Business Mirror - 14 hours ago]
BPO sector sticks to $16-B target despite stron... [Published Business Mirror - 19 hours ago]
‘Major’ system liquidity shifts not expected [Published Business World - May 24 2013]
SDA reform won’t result in sudden inflows – BSP [Published Philippine Star - May 24 2013]
BSP ready to face withdrawal of stimulus measur... [Published Philippine Star - May 24 2013]
BSP optimistic of sustained capital flows to PH... [Published US News Las Vegas - May 24 2013]
BSP chief says capital flight to spare PH [Published Philippine Daily Inquirer - May 24 2013]
Limited access to SDAs to affect P1B in funds [Published Philippine Daily Inquirer - May 24 2013]
Philippine Peso Set for Worst Week in Nine Mont... [Published Bloomberg - May 24 2013]
Asian Currencies Set for Third Weekly Decline o... [Published Bloomberg - May 24 2013]
BSP says tighter SDA rules will not result in l... [Published ABS-CBN News - May 24 2013]
Philippine business sentiment hits record high ... [Published Individual.com - May 23 2013]
Philippines considers curbing property loans [Published BT Invest - May 22 2013]
BSP limits trust banking units' access to SDA f... [Published Panay News - May 22 2013]
BSP to host UP lectures [Published Philippines Daily Tribune - May 21 2013]
PSE, PDS could merge this year [Published Business World - May 21 2013]
Tighter SDA rules impact little on domestic liq... [Published Business Mirror - May 21 2013]
BANGKO SENTRAL NG PILIPINAS: BSP to host the 20... [Published 4 Traders - May 21 2013]
BSP cuts banks’ access to SDAs [Published Malaya Business Insight - May 20 2013]
PHL posts US$ 274M BOP surplus in April ?13, en... [Published Balita.org - May 20 2013]
BSP issues new guidelines on special deposit ac... [Published Business Mirror - May 20 2013]
Phl posts $274-M BOP surplus in April [Published Philippine Star - May 20 2013]
Reliance on remittances [Published Philippine Daily Inquirer - May 20 2013]
BSP further limits bank access to SDA [Published Philippine Daily Inquirer - May 20 2013]
Banks comply with NDF limits [Published Philippine Star - May 20 2013]
Philippines Acts to Slow Flows as Singapore See... [Published La Repubblica - May 20 2013]
Philippines Further Limits Access to Special De... [Published La Repubblica - May 20 2013]
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Blogs

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Phillippine: Higher Imports mitigate Peso Gains [Published OANDA Forex Blog - Feb 06 2013]
Philippine demand for capital goods imports, spurred by faster economic growth, may help counter the effect of surging inflows of funds from abroad and cool the peso’s gains, central bank Assistant Governor Cyd Amador said. “The peso could likely move ...
Taiwan Keeping Perng at Central Bank Suggests S... [Published Infoseekchina - Feb 04 2013]
Source : Bloomberg News By Andrea Wong, Debra Mao & Yu-Huay Sun Taiwan’s re-appointment of its top central banker to a fourth term will likely mean continued stability for the island’s currency and protection for exporters. The decision, announced ...
Philippines GDP surprise decrease rate cut like... [Published OANDA Forex Blog - Nov 28 2012]
This is a familiar theme: Asian countries performing better than expected – First Thailand, then India, and now Philippines. With continued large inflows of foreign currency (mostly USD) expected in the near future, we could be seeing Asian currencies ...
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