THE country’s domestic liquidity in July recorded its fastest growth in nine months, according to preliminary data of the Bangko Sentral ng Pilipinas (BSP).
EXPENSIVE food items such as rice and the depreciation of peso may have led to faster inflation in June, according to the Bangko Sentral ng Pilipinas (BSP).
HIGH commodity prices and lower incomes have turned the consumer sentiment in the Philippines negative for the first time in 13 quarters, according to the latest data released by the Bangko Sentral ng Pilipinas (BSP).
THE International Monetary Fund (IMF) has recognized the efforts of the Philippine government to be delisted from the gray list of the Paris-based Financial Action Task Force’s (FATF).
Brisk demand for commercial vehicles buoyed the performance of the local automotive industry in January to May, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA).
The Monetary Board has approved the cancellation of the central bank registration of Foreignex Inc. to operate as money changer or foreign exchange Dealer, according to the Bangko Sentral ng Pilipinas (BSP).
TWO years after the enactment into law of the Excellence in Teacher Education Act, the Philippine Business for Education (PBEd) said the government has failed to set up the Teacher Education Council (TEC).
THE Bangko Sentral ng Pilipinas (BSP) may not have sufficient resources to cut interest rates ahead of the United States Federal Reserves, according to foreign analysts.
THE Home Development Mutual Fund or Pag-IBIG Fund has made its fourth disbursement to the Pambansang Pabahay para sa Pilipino (4PH) Program, according to the Department of Human Settlements and Urban Development (DHSUD).
TBILISI, Georgia—The Asian Development Bank (ADB) recorded its highest net income allocation in history from its ordinary capital resources (OCR) last year.
TBILISI, Georgia—The Association of Southeast Asian Nations Plus three (Asean+3) Finance Ministers and Central Bank Governors expect the region to contribute nearly half of global growth until 2030.
TBILISI, Georgia—The Philippine government encouraged the Asian Development Bank (ADB) to provide more support to local micro, small and medium enterprises (MSMEs) to increase their competitiveness.
TBILISI, Georgia—The Bangko Sentral ng Pilipinas (BSP) is not keen on imposing immediate sanctions on banks that will fail to comply to the Sustainable Finance Taxonomy Guidelines (SFTG).
REMITTANCES sent home by overseas Filipinos abroad continued to increase in February 2024 but their savings and investments remained at pandemic levels, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
FOREIGN borrowings approved by the Monetary Board declined 48 percent in the first quarter of 2024, according to the Bangko Sentral ng Pilipinas (BSP).
AS the demand for semiconductors turned a corner, the country’s export earnings posted a 16-month high in February 2024, according to the latest data released by the Philippine Statistics Authority (PSA).
VULNERABLE groups such as women and young Filipinos dropped out of the labor force in February 2024 due to household duties and schooling, according to the latest data released by the Philippine Statistics Authority (PSA).
HIGH inflation that could result from extreme weather events and pricey logistics costs prompted the Asian Development Bank (ADB) to reduce its growth expectations for the Philippines this year.
FOREIGN and domestic debt obligations widened the government’s net external liability position in the third quarter of 2023, according to the Bangko Sentral ng Pilipinas (BSP).
TIME deposits of Filipinos led to an all-time high in Foreign Currency Deposit Units (FCDU) of banks as of December 2023, according to the Bangko Sentral ng Pilipinas (BSP).
CHALLENGES faced by nature-based solutions (NbS) for flood management prevent these from being implemented in the Philippines, considered by the OECD Development Center as the country with the highest disaster risk globally.
OVER 30 government housing projects are now undergoing various stages of construction, according to the Department of Human Settlements and Urban Development (DHSUD).
ECONOMIES in Asia and the Pacific region must invest in improved data systems to better manage the next pandemic and save lives, according to the Asian Development Bank.
GLOBAL uncertainties pushed foreign investors away from Philippine shores as Foreign Direct Investment (FDI) net inflows contracted in 2023, according to the Bangko Sentral ng Pilipinas (BSP).
WOMEN in the Philippines and in many parts of the world are not given equal work opportunities and remain far less protected from violence in the workplace, according to the World Bank.
THE Manila-based multilateral development bank, the Asian Development Bank (ADB), is keen to extend more support to the country’s telecom tower sector to address the infrastructure gap.
BEFORE fulfilling its dream of reaching Upper Middle Income Country (UMIC) status, the Philippines must first significantly bring down poverty, according to the French Development Agency (AFD).
MANUFACTURER prices overall contracted in January but those of beverages and food continued to increase, according to the latest data from the Philippine Statistics Authority (PSA).
DEATHS caused by respiratory diseases and the human immunodeficiency virus (HIV) illness increased in the January to September period of 2023, according to the Philippine Statistics Authority (PSA).
The Philippines has remained on the grey list of the Paris-based Financial Action Task Force’s (FATF), according to the Anti-Money Laundering Council (AMLC).
THE Bangko Sentral ng Pilipinas (BSP) aims to double the number of Cash Deposit Machines (CoDMs) within the year to bring this service to Filipinos living outside of the Greater Manila Area (GMA).