Philippines posts $724m BOP deficit in Oct.
The Philippines' balance of payments (BOP) position recorded a deficit of $724 million in October 2024.
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Bangko Sentral ng Pilipinas (BSP)
Philippine FDI declines in August ’24
Philippine’s foreign direct investment (FDI) net inflows fell 14.5 per cent year-over-year in August 2024, reaching…
Philippines c. bank cuts interest rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) decided on Wednesday to reduce its target reverse repurchase (RRP) rate by 25…
Filipino expat remittances rise in August ’24
Remittances from expatriate Filipinos continued to rise in August 2024, reaching $3.20 billion, a 3.3 per cent…
Philippine’s FDI inflows rise 5.5% in July ’24
Philippine's foreign direct investment (FDI) net inflows rose by 5.5 per cent year-over-year in July 2024, reaching…
Philippines’ foreign reserves hit $112b in Sep. ’24
The Philippine foreign exchange reserves reached a new all-time high of $112.0 billion at the end of September…
Asian bonds attract foreign inflows for 4th straight month
Asian bonds continued to attract foreign inflows for the fourth consecutive month in August.
Filipino expats’ remittances climb to $3.43b in July
Remittances from Overseas Filipinos (OFs) continued to rise in July 2024, reaching $3.43 billion, a 3.2 per cent…
Philippines posts $1.38b net foreign investment inflow in July
The Philippines received a net inflow of $1.38 billion in foreign investments, as reported by the central bank.
Philippines’ bank loans grow by 10.4% in July – report
Philippine universal and commercial banks (U/KB) saw a 10.4 per cent year-on-year growth in their loan portfolios…
