
BPI: Q4 GDP growth likely at 5.8%
The Bank of the Philippine Islands (BPI) believes the economy in the fourth quarter of 2024 grew by 5.8 percent, citing increased government spending.
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The Bank of the Philippine Islands (BPI) believes the economy in the fourth quarter of 2024 grew by 5.8 percent, citing increased government spending.
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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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Polymer banknotes have lower global warming potential.
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IMF said growth will be driven by easing inflation, investments in infrastructure and technology, and continuous trade with China and its improving economy
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‘Rate cuts in the first half of the year appear feasible, but the latter half may bring challenges as the Federal Reserve could shift its policy stance in…
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‘Treasury bills’ yields declined after the initial implementation of the maximum suggested retail price for imported rice at P58 per kilogram in Metro Manila…
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‘The sanctions target two firms that handle more than a quarter of Russia’s seaborne oil exports’
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The CoDM initiative fosters a culture of recycling.
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DBP’s capital adequacy ratio as of November 2024 stood at 14.78 percent, above the Central Bank’s minimum requirement of 10 percent
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Supporting overall loan growth, corporate loans rose by 9.8 percent from 9.1 percent.
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HSBC expects a more resilient Philippine peso this year compared to others in Southeast Asia due to a continued robust economy despite uncertainties from…
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The decline in the country’s gross international reserves was mainly attributed by the Bangko Sentral ng Pilipinas to the national government’s higher…
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‘Sustained net inflows from the financial account will continue to buoy the overall BoP outlook this year.’
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The Marcos administration reflected on its accomplishments over the past year as it prepared for 2025.
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Crowds will marvel at fireworks and toast champagne to greet 2025 on Tuesday, waving goodbye to a year that brought Olympic glory, a dramatic Donald Trump…
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The country posted net inflows of portfolio investments or hot money worth $96.59 million in November, a reversal of the $529.68 million net outflows recorded…
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Documented counterfeits of the 1000-piso polymer banknote were only one per 82 million pieces or the equivalent of 10 counterfeits out of 825.4 million in…
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Rice prices could temper growth in overall inflation as the government continues to impose a lower tariff on imported rice at 15 percent from 35 percent.
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