
Gov’t debt hits new high at P16.63T
Domestic debt reached P11.22 trillion, higher by 1.26 percent from January while external debt grew faster by 3.44 percent to P5.41 trillion due to government…
· 2 min read
Topic

Domestic debt reached P11.22 trillion, higher by 1.26 percent from January while external debt grew faster by 3.44 percent to P5.41 trillion due to government…
· 2 min read

‘The price of local tomatoes declined dramatically in February amid supply glut in some areas in Northern Philippines, thereby could have helped ease…
· 2 min read
BPI secured $500 million from the sale of five-year notes and $300 million from 10-year notes. The five-year notes were mostly sold to Asia-based investors;…
· 2 min read

BPI analyses show data centers in the Philippines could increase capacity by 1,364 megawatts in the next five years, with the highest use in Metro Manila and…
· 2 min read

Total remittances in 2024 reached $38.84 billion for the entire year. That breaks down to around $105 million per day on average
· 2 min read

JFC has yet to identify the amount it intends to raise from the bond offering
· 1 min read

‘Overseas Filipinos’ remittances have more peso equivalent for every US dollar sent which became a source of consolation for overseas workers and their…
· 2 min read

RCBC chief economist Michael Ricafort said investors’ sentiment about uncertainties might have intensified after former President Rodrigo Duterte was arrested…
· 1 min read

The Bureau of the Treasury (BTr) raised P30.8 billion from its Treasury bills auction on Monday, higher than its initial offer of P22 billion after rates…
· 1 min read

Loans for production activities grew 11.8 percent from 10.8 percent with biggest borrowers being suppliers of air conditioners which increased loans by 23.6…
· 2 min read

SINGAPORE (AFP) — World No. 3 Lydia Ko strode to a commanding four-shot victory over Thailand’s Jeeno Thitikul and Japan’s Ayaka Furue to lift the HSBC Women’s…
· 2 min read

The country posted lower net outflows of foreign investments in January at $283.69 million from $487.37 million in December last year, the Bangko Sentral ng…
· 1 min read

The Philippine economy continues to face domestic challenges and global uncertainties that require careful fiscal management and policy adjustments.
· 2 min read

SINGAPORE (AFP) — Olympic champion Lydia Ko battled to the top of the leaderboard with a four-under-par 68 after the third round of the HSBC Women’s World…
· 2 min read

Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
· 2 min read

A lower reserve requirement ratio (RRR) enables banks to lend more of their funds to clients in a cost-efficient manner. The new RRRs will take effect starting…
· 2 min read

Remittances from overseas Filipino workers (OFWs) in 2024 reached a record $38.34 billion, up by 3 percent from $37.21 billion the previous year, data from the…
· 2 min read

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…
· 2 min read

