Tag: Bangko Sentral ng Pilipinas (BSP)
PH 2024 debt service shows ‘significant’ increase to $17.16B
The Bangko Sentral ng Pilipinas (BSP) said the country’s external debt service burden for 2024 increased by 15.5 percent or $2.3 billion from the 2023 level.
The...
Payments surplus $3.1B in Feb biggest since Sept
The country’s balance of payments (BOP) reverted to a $3.1 billion surplus in February 2025 from a deficit of $4.1 billion in the preceding month, the...
PH Jan financial resources GROW 7.9% ON-yr TO P33.66T: Down slightly from Dec; digital banks top performer with 44.5% gain
The total resources of the Philippine financial sector expanded by 7.94 percent to P33.658 trillion in January 2025 from P31.181 trillion in January 2024, the...
Filipino remittances in Jan $3.24B, up 2.9% on-yr, down 13.6% from Dec
Overseas Filipinos’ remittances coursed through the banks rose 2.9 percent in January from a year earlier, but fell 13.6 percent from December 2024, the...
2024 TRADE DEFICIT 2nd WIDEST ON RECORD: Trade gap ‘could narrow on milder inflation, further investment’ — economist
The Philippines’ current account deficit could narrow this year on the back of milder inflation and improved economic activity, an economist said after the...
