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…
Category: Economy
Found 183 posts in Economy
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…
Monetary Board approves US$3.81 billion in foreign borrowings for PH public sector in Q3 2024
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has greenlit a total of US$3.81 billion in foreign borrowings…
BSP sees higher BOP surplus for 2024 and 2025, says its time to seize opportunities
The Bangko Sentral ng Pilipinas (BSP) has announced recently that the Philippine economy is poised for a more favorable balance…