Philippines posts wider BOP deficit in Nov. ’24
The Philippines recorded a balance of payments (BOP) deficit of $2.3 billion in November 2024.
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Philippines
ADB approves $500m loan to support Philippines’ PFM reforms
The Asian Development Bank (ADB) approved a $500 million loan to support the Philippines in implementing public…
Asian stocks hit by foreign sell-off in Nov. ’24
Asian equities witnessed a second consecutive month of foreign investor outflows in November, driven by fears of…
S&P Global: Philippines manufacturing sector expands in Nov. ’24
The Philippines' manufacturing sector remained strong in November 2024, with the PMI rising to 53.8, marking the…
ADB, Mastercard partner to boost MSMEs in Asia, Pacific
The Asian Development Bank (ADB) and the Mastercard Impact Fund partnered to support micro, small, and medium-sized…
ADB backs Philippines with $500m climate loan
The Asian Development Bank (ADB) approved a $500 million policy-based loan to support the Philippines in addressing…
Philippines eyes inclusion in JPMorgan EM debt index
The Philippines is targeting inclusion in JPMorgan Chase & Co.'s local-currency emerging-market debt index in…
World Bank approves $750m loan for Philippines’ digital push
The World Bank has approved a $750 million Second Digital Transformation Development Policy Loan to support the…
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…
