
Nov. bank lending grows by over 11%
Supporting overall loan growth, corporate loans rose by 9.8 percent from 9.1 percent.
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Supporting overall loan growth, corporate loans rose by 9.8 percent from 9.1 percent.
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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 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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Sixteen micro entrepreneurs were awarded P100,000 each in cash prizes, along with laptops to help grow and enhance their businesses
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‘It’s okay to eat a lot of carbs because we’re a growing economy, so forget about the debt-to-GDP ratio of 60 percent’
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The Bangko Sentral ng Pilipinas (BSP) reaffirmed on Saturday that Philippine paper banknotes depicting the country’s heroes will “remain in circulation”…
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‘The Monetary Board noted that domestic demand is likely to remain firm but subdued; GDP could come closer to the lower end of the target range. There are a…
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Consumers said they are worried about higher food prices, government policies about price management, limited supply of goods and services, and higher utility…
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The JICA-BSP project is significantly aligned with the Philippine government’s push for digital transformation.
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The BSP said the polymer banknotes will be easily recognizable since they match the size and color of their paper equivalents
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‘Risks include petitions for transport fare and electricity rate adjustments. Although, international prices have come down’
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‘The BoP deficit reflected the national government’s net foreign currency withdrawals from its deposits with the BSP’
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A top official of GoTyme Bank, a collaboration between the Gokongwei Group of Companies and Tyme Group, revealed that they aim to onboard 4 million additional…
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Personal remittances from overseas Filipinos grew by 2.7 percent to $3.42 billion in October from the $3.33 billion recorded in the same period last year, the…
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A group of healthcare professionals, computer scientists, and game designers developed an interactive virtual reality game to explore an innovative approach…
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