Tag: Bangko Sentral ng Pilipinas (BSP)
PH payments April deficit at $2.6B widens by 30% from March; by 303% from yr-earlier
The Philippines’ balance of payments (BOP) settled with a deficit of $2.6 billion in April, wider by 30 percent than the $1.97 billion deficit...
Banks March ‘bad loan’ ratio eases to 3.3%, lowest in 3 months
The Philippine banks’ gross non-performing loan (NPL) ratio dropped to 3.30 percent in March 2025 from 3.38 percent in February and 3.39 percent in March...
OFW remittances up 2.7% in Q1
Personal remittances by overseas Filipino workers (OFWs) reached $9.40 billion in the first quarter of 2025, a 2.7 percent increase from $9.15 billion a...
ELECTION RESULTS SEEN INFLUENCING REFORM AGENDA: UNPOPULAR POLICY REFORM MAY TAKE A BACK SEAT — ANALYSTS
The results of the May 12 midterm election could influence the government’s reform agenda, in particular its monetary and fiscal policies, given the political...
BUSINESS GROUPS URGE NEW LEGISLATORS: ‘Pass economic laws’
Two big business groups urged the newly elected legislators to act and pass key economic measures to promote competition and business growth, as well...
