Remittances Up 7.1% in July
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) rose by 7.1 percent year-on-year to $2.3 billion in July
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Bangko Sentral ng Pilipinas
Traders’ Confidence in PH Economy Shaken
Businesses’ confidence in the Philippine economy fell to its lowest since 2011 due to concerns over port congestion in Manila,
Read MoreLocal Banks Begin Raising Loan Rates
Recent monetary policy moves are having their desired effect on the economy, with banks slowly but steadily becoming less aggressive
Read MoreBanks’ Consumer Loans Continue to Grow
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Consumer loans (CLs) by universal, commercial (U/KBs) and thrift banks (TBs) stood at Php 735.1 billion
Read MoreRemittances for Jan-May Period Top $10B Mark
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) rose by 5.5 percent year-on-year to $2.2 billion in May
Read MoreForeign Portfolio Investments Yield $44M Net Inflow
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—For the month of June, transactions in foreign portfolio investments yielded overall net inflows of $44
Read MoreAmended CMIM Takes Effect
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The amended Chiang Mai Initiative Multilateralization (CMIM) Agreement, which is a regional financial arrangement among the
Read MoreRemittances Up 5.2% in April
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) increased by 5.2 percent year-on-year to $2.1 billion in April
Read MorePH Consumer Confidence Edges Higher in 2Q14
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Consumer sentiment continued to improve in Q2 2014 based on the Consumer Expectations Survey that was
Read MoreBSP Releases Report on Regional Economic Developments
Manila—(PHStocks)—The Bangko Sentral ng Pilipinas (BSP) has released its 2013 report on regional economic developments in the country. The Philippine
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