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…
PH’s economic growth prospects strong based on latest Moody’s ratings, gets stable ‘Baa2’ outlook
Our country’s economic growth is back on track after a spate of calamities, as the country’s investment-grade rating of “Baa2”…
PH real estate market aiding economic growth, shows strong signs of recovery in 2024 — SKF
by Jan Michael Carpo, Reporter The Philippine real estate market is experiencing a robust recovery, with notable growth across both…
BSP says PH right on track to being a cashless economy, hits digital payments milestone in 2023
In a recent media advisory, the Bangko Sentral ng Pilipinas (BSP) announced that the Philippines has successfully met its ambitious…
Super Typhoon Carina shuts PH financial markets down amid floods comparable to Ondoy in 2009
by Jan Michael Carpo, Reporter Super Typhoon Carina, internationally known as Gaemi, wreaked havoc on the Philippine financial markets on…