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…
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…
BSP moves in lockstep with US Fed Reserve, says it is likely to hold on to higher rates for a while
The Bangko Sentral ng Pilipinas (BSP) has been focusing on financial stability since mid-2009 and one of the ways through…
LANDBANK advances agriculture growth in the countryside with P755.1-B loan package in 2023
Agriculture plays a key role in the Philippine economy. It contributes an average of 20 percent to the country’s Gross…
End of January 2024 GIR level settles at US$103.4 billion, headline inflation dropped to 2.8% YOY
Based on preliminary data from the Bangko Sentral ng Pilipinas (BSP), the Philippines’ gross international reserves (GIR) level has settled…
FSCC to prioritize strengthening of the corporate bond market in 2024
Strengthening the corporate bond market is high on the list of priorities of the Financial Stability Coordination Council (FSCC) in…
ADB sees PH expanding with the quickest growth rate in Southeast Asia
The Philippines is expected to have the fastest growth rate in Southeast Asia, but the Asian Development Bank (ADB) has…
BSP predicts overall BOP to post surpluses in 2023-2024 as current account deficit narrows
The Monetary Board has approved the new set of 2023 and 2024 balance of payments (BOP) projections during its December…
World Bank says exports of digital services could aid in the economic growth of the Philippines
According to the World Bank, encouraging the expansion of digital service exports can aid the Philippines in overcoming its development…
IMF completes “2023 Article IV mission” to PH, sees growth bouncing back to 5.3% by year-end
A team of experts from the International Monetary Fund (IMF) led by Mr. S. Jayanath Peiris recently conducted a series…