BSP deficit balloons to $4.1-B in January
The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
· 2 min read
Daily TribuneTopic
The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
· 2 min read
BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
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‘Fintech companies have become alternatives to providing credit, especially to members of the informal sector who may not want to go to the bank formally…
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Steady rate should drive higher economic growth through loan-based consumption of goods and services by households and businesses while keeping inflation rates…
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Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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The country’s net inflows of foreign direct investments (FDI) grew by 4.4 percent to $8.6 billion in the first 11 months of last year compared to the same…
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The Palawan Group of Companies (PGC) is collaborating with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy and foster responsible currency…
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The Bangko Sentral ng Pilipinas (BSP) is expected to slash its reserve requirement ratio (RRR) by 200 basis points for universal and commercial banks in the…
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The Palawan Group of Companies (PGC) has partnered with the Bangko Sentral ng Pilipinas (BSP) to enhance financial literacy and promote responsible currency…
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The BTr auctioned 91-day, 182-day, and 364-day debt papers, resulting in total bids of P70.6 billion or 3.2 times oversubscription compared to its initial…
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BSP said the country posted net inflows of $2.1 billion last year, a reversal from the $248.84 million in 2023
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‘Come January, rice prices should deliver a disinflationary impulse. Lower minimum retail rice prices in Manila by 27 December 2024 might have been too late to…
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The economist said lower food prices should encourage consumers and private construction firms to borrow funds for real estate investments and projects.
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The Bangko Sentral ng Pilipinas (BSP) projects inflation in January to settle within 2.5 to 3.3 percent due to high prices of fuel, food, and water.
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The country’s economy grew by 5.6 percent last year, falling short of the government’s 6 to 6.5 percent target as household spending and the agriculture sector…
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The Bangko Sentral ng Pilipinas (BSP) approved last year a lower amount of total foreign borrowings by the national government worth P13.68 billion, down from…
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The Bureau of the Treasury (BTr) upsized its award of Treasury bills to P27.6 billion from the initial program of P22 billion during its auction on Monday as…
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