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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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 Maritime Industry Authority (Marina) and the Philippine Coast Guard (PCG) assured that their roles are aligned in ensuring sound maritime enterprise in the…
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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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An official of the Philippine Amusement and Gaming Corporation (PAGCOR) said the local gaming industry must recognize that technological advances are fueling…
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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 Senate Committee on Games and Amusement on Tuesday issued a show-cause order against Meta-Facebook Philippines executives for skipping the continuation of…
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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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Meta, parent company of Facebook and Instagram, vowed on Tuesday, 16 Sept., to support the government's fight against online gambling.
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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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The Philippine Amusement and Gaming Corporation (PAGCOR) is stepping up efforts to strengthen the country’s gaming industry against illegal operators by…
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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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A female overseas Filipino worker (OFW) was arrested Saturday at Ninoy Aquino International Airport Terminal 1, preventing her from boarding a flight to…
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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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