Ricafort said fresh record highs for the country’s outstanding debt in the coming remain possible as the national government is set to issue US dollar-denominated or Euro-denominated retail bond issuances in the third quarter.

Source: https://businessmirror.com.ph/2023/06/01/phl-debt-hits-new-high-of-p13-911-trillion-at-end-april/

Ricafort said if Iran will become involved in the conflict, it could block the Strait of Hormuz, an important passage for international oil tankers.

Source: https://businessmirror.com.ph/2023/10/11/bsp-january-july-fdi-dips-14-7-on-slow-growth/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-january-july-fdi-dips-14-7-on-slow-growth

Ricafort said the opening of the new school year and preparations for which also partly led to some pick up in production activities.

Source: https://business.inquirer.net/419688/factory-output-growth-picked-up-pace-in-july

Rizal Commercial Banking Corp. chief economist Michael Ricafort said although better weather conditions beefed up local production, farmers might have earned less as they spent more money cultivating the crops.

Source: https://business.inquirer.net/419362/good-weather-aided-industrial-crops-in-q2

Still, Ricafort said the share of government securities in gross inflows continued to be lower than the 45 percent recorded in November 2022, as yields on long-term Philippine Treasury bonds decreased in January.

Source: https://business.inquirer.net/387999/net-inflow-of-hot-money-skyrocketed-in-jan-to-292m

“The continued net portfolio investments inflows data in January 2023 may have to do with improvement in global market risk appetite as the US stock markets and bond markets bottomed out in terms of price since October 2022,” Ricafort said.

Source: https://business.inquirer.net/387999/net-inflow-of-hot-money-skyrocketed-in-jan-to-292m