BOP posts $359-M surplus in August
The central bank said the August surplus was mainly due to its net income from investments abroad. This trimmed the year-to-date deficit to $5.4 billion from…
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Daily TribuneTopic
The central bank said the August surplus was mainly due to its net income from investments abroad. This trimmed the year-to-date deficit to $5.4 billion from…
· 1 min read
The country’s balance of payments (BOP) swung to a surplus of $359 million in August, higher than the $88 million surplus recorded in the same month last year,…
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The measure, issued on 18 September, comes as regulators seek to lessen risks linked to excessive use of cash while encouraging Filipinos to shift to digital…
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The Japan Credit Rating Agency also emphasized the Philippines’ ‘solid foreign currency liquidity position,’ noting that it will allow the country to remain…
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The Bangko Sentral ng Pilipinas (BSP) clarified that the mandatory credit quota for micro, small and medium enterprises (MSMEs) under the Magna Carta has…
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A request by DPWH Secretary Vince Dizon to freeze assets of those involved in flood-control anomalies has resulted in swift action by the BSP and the AMLC. ‘We…
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The Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC) have moved decisively to freeze assets of officials and contractors…
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The offer price of P10.42 per share is on an all-cash basis and carries a 19.33 percent premium over the stock’s one-year volume-weighted average price.
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The move signals that the Philippines is nearing potential inclusion in J.P. Morgan’s Government Bond Index-Emerging Markets, a widely tracked benchmark for…
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Cash remittances from overseas Filipinos (OFs) reached US$3.18 billion in July, up 3 percent from the US$3.08 billion recorded in the same month last year, the…
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Bangko Sentral ng Pilipinas data showed the country’s BoP with a $2.6-billion deficit in April to June, reversing the $1.2-billion surplus recorded in the same…
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‘FDI growth signals strong international confidence in the Philippines’ economic fundamentals.’
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The Department of Health has framed compulsive online betting as a mental-health concern fueled by smartphone access and ubiquitous ads.
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Latest BSP data showed that total loans to MSMEs reached P540.9 billion as of end-June, up 10.8 percent from P488.1 billion in the same period last year.
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‘We are seeing a growing willingness among Filipinos to embrace credit as a tool for progress, but they want to know they can do so with confidence.’
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Loans to micro, small and medium enterprises (MSMEs) remained far below mandated levels in the second quarter, underscoring persistent financing challenges. In…
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The decline in June reflected the shift in nonresidents’ net equity capital investments (excluding reinvested earnings), which reversed from $85 million…
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By embedding financial inclusion in the education sector, regulators hope to expand the banking sector’s reach in underserved areas.
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