
Japan, U.S. drive $1.3B FDI inflows in July
The Bangko Sentral ng Pilipinas said the figure was 7.5 percent lower than the $1.4 billion posted a year earlier. However, it said that long-term foreign…
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The Bangko Sentral ng Pilipinas said the figure was 7.5 percent lower than the $1.4 billion posted a year earlier. However, it said that long-term foreign…
· 1 min read
The government is unfazed despite a slight uptick in inflation last month, noting that the figure remains well within its full-year target range of 2 to 4…
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Inflation inched up slightly in September to 1.7 percent from 1.5 percent in August, according to data cited by the Bank of the Philippine Islands (BPI),…
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Year-on-year headline inflation in the Philippines rose to 1.7 percent in September from 1.5 percent in August, according to preliminary data from the Bangko…
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The Bangko Sentral ng Pilipinas (BSP) projected that September inflation likely settled within 1.5 to 2.3 percent, ahead of the official release of data by the…
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The flood control controversy had weakened the peso, which retreated to the 58-level on 25 September.
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Diokno stressed that procurement will be competitive, contractors will be paid within 15 working days, and that the BSP maintains ‘zero corruption.’
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The Philippine financial system’s resources expanded by more than 6 percent in July, reflecting continued growth in the country’s banking sector and alignment…
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The president of the Philippine Amalgamated Supermarkets Association Inc. said shrinkflation is more likely to affect consumers than outright price increases…
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The Department of Agriculture (DA) is intensifying efforts to temper the impact of rising consumer prices, banking on rice price controls and supply-side…
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The ratio of non-performing loans (NPLs) in Philippine banks rose to 3.40 percent in July, the highest in eight months, from 3.34 percent in June, data from…
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Food inflation climbed as storms and floods disrupted supply, particularly of vegetables and fish. Fuel costs also added pressure, reversing the slowdown seen…
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Inflation accelerated to 1.5 percent in August, rising from 0.9 percent in July, the Bangko Sentral ng Pilipinas (BSP) reported Friday. The figure falls within…
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The ratio of non-performing loans (NPLs) in Philippine banks rose to 3.40 percent in July, the highest in eight months, from 3.34 percent in June, data from…
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Despite low inflation, ongoing economic challenges, and major natural calamities such as widespread flooding, the latest Social Weather Stations (SWS) survey…
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The Bangko Sentral ng Pilipinas is expected to extend its rate-cutting cycle through 2026 as inflation stays within target, but economists caution that…
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‘Going forward, the BSP will safeguard price stability by ensuring monetary policy settings are conducive to sustainable economic growth and employment.’
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BSP said preliminary data showed that the wider trade in goods deficit continued to weigh heavily on the country’s external accounts.
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