Remittances slump to 12-month low in May
Cash remittances from overseas Filipino workers (OFWs) slipped to a 12-month low in May, although inflows for the first five months of 2026 remained higher…
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Cash remittances from overseas Filipino workers (OFWs) slipped to a 12-month low in May, although inflows for the first five months of 2026 remained higher…
· 1 MIN READ
S&P said the uptick was driven by stronger new orders, which encouraged manufacturers to raise production for a second straight month.
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The decline in foreign direct investment was driven by a 91.7 percent drop in net investments in debt instruments - $44 million from $522 million in April…
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Bank lending and domestic liquidity (M3) both expanded at a faster pace in May, signaling sustained economic activity amid continued demand for credit from…
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Bank lending and domestic liquidity (M3) both expanded at a faster pace in May, signaling sustained economic activity amid continued demand for credit from…
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The Philippines’ gross international reserves (GIR) climbed to a three-month high in June, providing the country with a stronger buffer against external shocks…
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The Philippines’ gross international reserves (GIR) climbed to a three-month high in June, providing the country with a stronger buffer against external shocks…
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The Economy and Development Council approved a P10.07-billion Philippine Geothermal Resource Derisking Facility, a government-backed financing mechanism to…
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Inflation eased for the second consecutive month in June, declining to 6.4 percent from 6.8 percent in May, falling within the Bangko Sentral ng Pilipinas’…
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Digital bank Maya will reduce its InstaPay transfer fee to P10 from P15 beginning Monday, 6 July, joining a growing number of financial institutions lowering…
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Headline inflation likely continued to ease in June as lower fuel prices and declining costs of key food items helped temper price pressures, although…
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The Philippines' net external liability position widened to $54.9 billion as of end-March 2026, equivalent to 11.2 percent of gross domestic product (GDP), as…
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Foreign currency deposit unit (FCDU) loans extended by banks operating in the Philippines declined by 0.8 percent in the first quarter of 2026, reflecting…
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‘We need to factor in the Middle East conflict when forecasting demand. Developers are not just looking at remittances but also at the rising cost of…
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Like the Philippines, Canada has abundant resources. Facilitating the exchange of these critical minerals can boost the Philippines’ position in the global…
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The Philippines' balance of payments (BoP) deficit widened to $5.3 billion in the first quarter of 2026, equivalent to 4.5 percent of gross domestic product…
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Residential property prices in the Philippines accelerated in the first quarter of 2026, driven largely by a rebound in condominium values and a recovery in…
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The Bangko Sentral ng Pilipinas (BSP) has rolled out new rules aimed at making digital transactions more affordable and accessible, while lifting the…
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