Philippines posts BOP deficit, increase in external debt
Bangko Sentral ng Pilipinas data showed the country’s BoP with a $2.6-billion deficit in April to June, reversing the $1.2-billion surplus recorded in the same…
· 2 min read
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Bangko Sentral ng Pilipinas data showed the country’s BoP with a $2.6-billion deficit in April to June, reversing the $1.2-billion surplus recorded in the same…
· 2 min read

Philippine micro, small and medium enterprises lost an estimated P39.5 billion in 2024 alone due to foreign exchange markups charged by traditional banks and…
· 2 min read

‘The principal factor behind the swing to a $5.8-billion deficit was the substantial outflow of foreign currency stemming from the national government’s…
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The Philippines posted a balance of payments (BoP) deficit of US$167 million (P9.5 billion) in July 2025, reversing the US$62 million (P3.5 billion) surplus…
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The Bangko Sentral ng Pilipinas (BSP) honored nine institutional partners from the South Luzon Regional Office (SLRO) during the 2025 Outstanding BSP…
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Bangsamoro residents will soon enjoy faster, safer, and more convenient access to digital payments following a new partnership between the Ministry of Human…
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GCash continues to bring future-forward innovations to the Philippines with the official launch of GCash Tap to Pay, a contactless payment system that lets…
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Crypto top-ups into the GrabPay e-wallet were initially launched in Singapore through Grab’s partnership with Triple-A which teamed up with PDAX to bring a new…
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At least 180 local government units (LGUs) nationwide have formally adopted the Paleng-QR Ph initiative, a joint effort by the Department of the Interior and…
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The Department of Health (DoH) has moved to expedite delayed reimbursements to private hospitals under the Medical Assistance for Indigent and Financially…
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The country may experience slower inflows of funds from its global financial transactions or balance of payments (BoP) this year and next, due to sluggish…
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The country posted a $3-billion deficit in global financial transactions, or balance of payments (BoP), in the first quarter of this year, reversing from a…
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The country posted a $3-billion deficit in global financial transactions, or balance of payments (BoP), in the first quarter of this year, reversing from a…
· 2 min read

Creditors, contractors, and service providers of Manila City Hall awaiting payment for services rendered have experienced significant delays due to alleged…
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The Philippine Competition Commission (PCC) has approved Globe Fintech Innovations, Inc.’s (Mynt) P2.31-billion acquisition of Electronic Commerce Payments,…
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The local government of Caloocan City launched the city’s fourth business one-stop shop, allowing business owners to settle their dues without going to the…
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Pag-IBIG Fund aims to distribute home loans amounting to P156.86 billion this year.
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The Bank of the Philippine Islands (BPI) and Electronic Commerce Payments Inc. (ECPay) will boost digital retail payments in the country through over 2 million…
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