BSP: Islamic Finance May Be Key to Mindanao Development
Islamic finance may prove to be a boon for the Philippine economy, particularly in Mindanao—a geographically significant part of the
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BSP
MB Sets Expectations from External Audit
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Monetary Board (MB), in its meeting held on 27 February 2014 approved the guiding principles
Read MoreForeign Portfolio Flows Improve in February
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Registered investments for February 2014 reached $1.5 billion, reflecting a 16.7 percent growth from the $1.3
Read MoreFDI Up 20% to $3.9B in 2013
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Net foreign direct investment (FDI) inflows in 2013 rose to $3.9 billion from $3.2 billion in
Read MoreFebruary Inflation Slightly Lower at 4.1%
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Headline inflation eased slightly to 4.1% year-on-year in February from 4.2% in January, and was within
Read MoreEnd-February 2014 GIR Increases to $80.3B
Manila—(PHStocks)—Preliminary data showed that the country’s gross international reserves (GIR) rose to $80.3 billion as of end-February 2014, Bangko Sentral
Read MoreBSP, DepEd Award Best Finance Teachers in Elementary Schools
Manila—(PHStocks)—The Bangko Sentral ng Pilipinas (BSP) and the Department of Education announced the winners of the 2013 GURO ng PAG-ASA (Gantimpala
Read MorePersonal and Cash Remittances Reach New Record Highs in December 2013
Manila—(PHStocks)—Personal remittances from overseas Filipinos (OFs) registered a new record high of $2.4 billion in December 2013, up by 12.5
Read MoreBanks’ Consumer Loans Sustain Rise
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Consumer loans (CLs) by universal, commercial (U/KBs) and thrift banks (TBs) reached PhP702.6 billion at the end
Read MoreNet FDI Up 55% in November 2013
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Net foreign direct investment (FDI) inflows rose by 54.9 percent to $286 million in November 2013,
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