BSP holds steady: Balancing growth and inflation amidst global uncertainty in 2025
The Bangko Sentral ng Pilipinas (BSP) has opted for a steady hand, maintaining its key policy rate at 5.75 percent…
Gov’t approves US$3.21 billion public sector foreign borrowings in Q4 2024, tightens purse strings amidst rising debt service
The Philippine government has slightly curtailed its foreign borrowings in 2024, approving a total of just US$13.68 billion, a 5.56%…
BSP says Philippine economy posts slight dip in 2024, but reserves remain robust
According to the Bangko Sentral ng Pilipinas (BSP) the Philippine economy experienced a minor setback in its balance of payments…
BSP says PH’s Balance of Payments to remain resilient in 2025 despite moderating growth
The latest set of forecasts from the Bangko Sentral ng Pilipinas (BSP) points to continued resilience in the country’s overall…
State banks LANDBANK and DBP flourish in 2024, are poised for enhanced service to Filipinos
The Department of Finance (DOF) has recently lauded the robust financial health of the Land Bank of the Philippines (LANDBANK)…
PH maintains inflation target at 2.0-4.0% for 2025-2028
The Philippine government has maintained its inflation target at 2.0-4.0% for the next four years, spanning 2025 to 2028. This…
Philippines’ foreign debt rises in Q3 2024, but remains manageable
The Philippines’ foreign debt climbed in the third quarter of 2024, reaching US$139.64 billion, a 7.3% increase from the previous…
DTI probe into cement imports to strengthen the local industry amid economic challenges in 2024
The Department of Trade and Industry (DTI) has just launched an investigation into the rising influx of imported cement, a…
BSP sees October 2024 inflation ranging from 2% to 2.8%, cites strong economic pressures
The Bangko Sentral ng Pilipinas (BSP) has projected the October 2024 inflation rate to fall within a range of 2.0%…
BSP inflation forecast for 2024 hints at stability, but fintech’s role in economic resilience grows
The Bangko Sentral ng Pilipinas (BSP) has projected inflation for October 2024 to fall between 2.0% and 2.8%, a range…