Euben Paracuelles, Chief ASEAN Economist at Nomura, while facilitating the panel discussion with top executives from the BSP, Department of Finance, IMF, and the Department of Budget Management

calendar_today May 28, 2024 schedule 3 min read

BSP Governor highlights the vital role of capital market development at PH Economic Briefing

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. emphasized yesterday the crucial role of developing and deepening the…

A hand with pen writing the words inflation, money, market finance and other economic terms

calendar_today May 22, 2024 schedule 2 min read

Monetary Board maintains key interest rates amid inflation concerns, tight financial conditions

At its meeting held earlier this week, the Philippine Monetary Board decided to maintain the Bangko Sentral ng Pilipinas (BSP)’s…

Cartoonized illustration for a bank loan concept

calendar_today May 15, 2024 schedule 2 min read

PH banks expected to maintain or tighten loan standards for Q2 2024 — BSP survey

A recent survey by the Bangko Sentral ng Pilipinas (BSP) indicates that Philippine banks are likely to maintain or tighten…

Book cover of the BSP's PH Financial Report for the 2nd semester of 2023

calendar_today May 7, 2024 schedule 2 min read

BSP report says PH financial system is exhibiting resilience, supports economic recovery

The Bangko Sentral ng Pilipinas (BSP) recently issued its Report on the Philippine Financial System for the second semester of…

A resident walks on a dried-up fish pond in Candaba town, Pampanga

calendar_today April 11, 2024 schedule 4 min read

Gov’t intensifies actions to protect Filipinos’ purchasing power from the effects of El Niño

Finance Secretary Ralph G. Recto has assured the Filipino public that the government is intensifying targeted actions to further protect…

Infographics showing Monetary Policy Highlights in PH

calendar_today April 9, 2024 schedule 2 min read

Monetary Board keeps policy settings unchanged

The Philippine Monetary Board, at its meeting earlier this week, has decided to retain the Bangko Sentral ng Pilipinas (BSP)’s…

Caricature explaining what Balance of Payment is all about

calendar_today March 29, 2024 schedule 6 min read

PH’s net external liability position reaches US$51.3 billion as of the end of December 2023

In its latest report, the Bangko Sentral ng Pilipinas (BSP) announced that preliminary data on the country’s net International Investment…

Caricature of a woman explaining what Balance of Payment (BOP) means

calendar_today March 18, 2024 schedule 5 min read

Latest BOP projection sees a sustained surplus in 2024, but it can pivot to a deficit position in 2025

More funds could soon be entering the country this 2024 but the same may probably not be maintained, leading to…

BSP Governor and Financial Stability Coordination Council Chairman Eli M. Remolona, Jr. while leading the launch of the 2023 Financial Stability Report (FSR) at the BSP head office in Manila.

calendar_today March 14, 2024 schedule 4 min read

FSCC calls for vigilance among financial sector players in PH as market developments unfold

The Financial Stability Coordination Council (FSCC) recently held its 38th Executive Committee meeting with no less than Bangko Sentral ng…

President Ferdinand Marcos Jr. (left) is shown here while shaking hands with US President Joe Biden during the former's state visit to the US last year

calendar_today March 8, 2024 schedule 3 min read

DTI sees high-level trade mission as key to building stronger business partnerships with the US

A trade official announced recently that the Philippines could soon be looking at forging commercially meaningful partnerships with US businesses…

Photo shows Monetary Board Member V. Bruce J. Tolentino while leading discussions on recent economic developments and issues at the RMCS in Cebu.

calendar_today March 7, 2024 schedule 2 min read

BSP strengthens ties with regional stakeholders, holds Macroeconomic Conference in Cebu City

Cognizant of its mandate to maintain monetary stability and the convertibility of the peso as well as promoting price and…

Book cover of Sustainable Central Banking Program

calendar_today February 28, 2024 schedule 3 min read

BSP recognizes MSMEs’ role in economy, adopts new guidelines on Sustainable Finance Taxonomy

The current sustainable finance framework focuses on capital markets and MSMEs normally get external finance from banks. However, bank-based financial systems…

Economy