Foreign reserves fall to three-year low as BOP deficit widens
The Philippines’ gross international reserves (GIR) fell to $99.5 billion at end-September, while the balance of payments (BOP) deficit widened to $9.1 billion…
· 2 MIN READ
Topic
Former Bangko Sentral ng Pilipinas (BSP) official Diwa Guinigundo
Latest Daily Tribune news and analysis on Former Bangko Sentral ng Pilipinas (BSP) official Diwa Guinigundo.
Peso slide raises prospect of "jumbo" BSP hike
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BSP may end tightening cycle after next hike – PNB
The Bangko Sentral ng Pilipinas (BSP) may end its monetary policy tightening cycle after its meeting next Thursday, 22 October, following another expected rate…
· 2 MIN READ
OFW cash remittances rise 1.9 percent in August
Cash remittances from overseas Filipino workers (OFWs) rose by 1.9 percent year on year to $3.03 billion in August, bringing inflows in the first eight months…
· 2 MIN READ
BSP shifts to Basel III operational risk standards
The Bangko Sentral ng Pilipinas (BSP) is tightening its risk-based capital framework for banks, adopting a new Basel III standard that will require lenders to…
· 2 MIN READ
BSP sees BOP deficits in 2026 and 2027
The Philippines’ balance of payments (BOP) deficit is projected to reach $9.2 billion this year and $8.5 billion in 2027 as elevated oil prices, transport…
· 2 MIN READ
BSP: foreign investments plunge 44.1 percent in July
Foreign direct investment (FDI) inflows into the Philippines fell by 44.1 percent year on year to $689 million in July, bringing the seven-month total to $4.07…
· 2 MIN READ
Phl to adopt global bond pricing rules in January 2027
The Bureau of the Treasury (BTr), Bangko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC), Insurance Commission (IC), Philippine Dealing…
· 2 MIN READ
September foreign reserves fall to lowest level since 2023
The Philippines' foreign reserves dropped below $100 billion in September, marking the lowest level since 2023 due to central bank operations, government…
· 2 MIN READ
Marcos pays final respects to former PM Cesar Virata
President Ferdinand Marcos Jr. honors the legacy of former Prime Minister Cesar Virata, who passed away at 95, remembering his decades of public service and…
· 1 MIN READ
Phl foreign reserves fall to lowest level since 2023 in September
Preliminary data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday evening showed GIR settling at $99.997 billion at end-September, down from…
· 2 MIN READ
BPI sees two more BSP hikes in 2026
In a Tuesday commentary, BPI lead economist Emilio Neri Jr. said the acceleration strengthens the case for the central bank to continue raising interest rates,…
· 2 MIN READ
MMDA seeks BSP, AMLC help to cut NCAP scam payment channels
The MMDA seeks assistance from BSP and AMLC to disrupt fraudulent payment channels targeting motorists amid the return of the No Contact Apprehension Program…
· 2 MIN READ
Philippine September inflation ties three-year high of 7.2%
The September print matched the three-year high recorded in April, when domestic pump prices felt the full force of the Middle East conflict’s impact on global…
· 2 MIN READ
BPI: Inflation may breach 7 percent in coming months
Headline inflation may surpass 7 percent in the coming months amid a convergence of domestic and global headwinds, Bank of the Philippine Islands lead…
· 2 MIN READ