PSE to hold last edition of investors day for the year
Nine publicly-listed will join the last edition of the Philippine Stock Exchange Inc.’s investor day for the year, an event that features the presentation of select listed firms quarter-end results.
Fitch affirms country’s investment grade rating, stable credit outlook
Fitch Ratings has affirmed Manila's triple B (BBB) credit rating, which is above the minimum investment grade, and has kept the outlook on the rating at “stable.”
Saving and real investments fell in 2020 as pandemic bites – BSP data
The country's so-called flow of funds in 2020, which helps indicate whether the USD406 billion economy borrows from or actually lends money to the growth-producing economic sectors, show a sharp 26.1 percent drop in domestic saving to P3.7 trillion from P5 trillion in 2019.
Account ownership promotes workers’ financial inclusion, resilience—BSP
The Bangko Sentral ng Pilipinas (BSP) is calling on employers to help their employees open and maintain transaction accounts to enable more workers to access financial services while also relieving the company of having to shoulder some of their workers’ monetary burden.
Tenuous global outlook helps dampen 8-month foreign investor interest
Long-horizon foreign direct investments (FDI) in August proved marginally lower this year at only USD789 million from year-ago level of USD792 million, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
