Philippines FDI rises in April ’25 – BSP
The Philippines recorded a 7.1 per cent year-on-year increase in net foreign direct investment (FDI) in April 2025,…
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Bangko Sentral ng Pilipinas (BSP)
Filipinos remittances grow 3.5% YoY in Nov. ’24
The Philippines recorded a 3.5 per cent increase in personal remittances from Overseas Filipinos (OFs) to $34.6…
Philippines posts wider BOP deficit in Nov. ’24
The Philippines recorded a balance of payments (BOP) deficit of $2.3 billion in November 2024.
Philippines c. bank cuts key policy rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) announced a 25-basis-point reduction in its key policy rate, according to its…
Filipinos remittances rise in Oct. ’24
The Philippines saw a 2.7 per cent increase in personal remittances from Overseas Filipinos (OFs) to $3.42 billion…
Philippines posts $724m BOP deficit in Oct.
The Philippines' balance of payments (BOP) position recorded a deficit of $724 million in October 2024.
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…
Philippines maintains net creditor to IMF – report
The Philippines will continue to lend more to the International Monetary Fund (IMF) than it borrows, reflecting the…
Philippines c. bank cuts interest rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) decided on Thursday to reduce its key policy rate by 25 basis points to 6.25…
Philippines inflation 4.4% up in July, casting doubt on rate cut
The Philippines' inflation rate unexpectedly climbed to 4.4 per cent in July, the Philippine Statistics Authority…
Philippine c. bank amends FX regulations
The Philippine central bank approved amendments to FX regulations, to facilitate timely reporting by banks for…
Philippines c. bank remains open to rate cuts
BSP Governor Eli Remolona is prepared to cut interest rates in August, despite recent inflation.
IMF praises Philippine economic resilience despite challenges
The International Monetary Fund (IMF) praised on Monday the Philippine economy’s resilience despite global…
Philippine peso weakens as c. bank signals policy shift
The Philippine peso dipped to its lowest level against the US dollar since November 2022, reflecting a shift in the…
Philippine c. bank keeps rates at 6.5%
The Philippine central bank kept the key interest rate at 6.50 per cent for the fifth meeting in a row, hinting at…
Philippines’ foreign reserves surge to $104b in March
The Philippines' gross international reserves (GIR) increased to $104 billion at the end of March from $102 billion…