BSP’s surprise rate cut seen as green light for business expansion
Manny Ocampo The Bangko Sentral ng Pilipinas’ (BSP) unexpected decision to trim policy rates by 25 basis points to 4.75 percent has sparked optimism among business leaders, who view the move as a timely boost for private sector growth amid fiscal tightening and lingering market uncertainty. Investment & Capital Corporation of the Philippines (ICCP) President…