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…
BSP report says balance of payments surplus has reached US$88 million in August, boosts reserves
The Bangko Sentral ng Pilipinas (BSP) has reported that the Philippines recorded a balance of payments (BOP) surplus of US$88…
PH’s external debt rises to US$130.18 billion in June 2024, with economic impact under control
The total external debt (EDT) of the Philippines has reached US$130.18 billion by the end of June 2024, an increase…
Cemex Philippines receives DoBid Certification: A boost for the local industry, economic growth
APO Cement and SOLID Cement secure Domestic Bidders’ Certificates of Preference Cemex Philippines‘ commitment to excellence and local manufacturing has…
BSP projects August 2024 inflation from 3.2% to 4% amid incredible mix of economic indicators
The Bangko Sentral ng Pilipinas (BSP) has projected the country’s inflation rate for August 2024 to fall within the range…