Foreign funds exited the country in the first six months
Opportunistic foreign-held portfolio investments were uprooted from placements in listed stocks and local currency-denominated securities in the first six months this year and repatriated...
Manila digital financial transactions some of the more compelling narratives in region – ADB
The Philippines owns one of the more successful programs in the digital transformation process of countries monitored by the Asian Development Bank (ADB).
According to...
e-wallets far more widespread in Phl than credit cards
The Philippines is well on its way to a cash-lite future as the number of Filipinos owning e-wallets like Maya and GCash far outnumber...
Beginning July, MSME loans no longer count as reserve-eligible funds – BSP
Loans the various banks have extended to large enterprises and the micro, small and medium enterprise (MSME) sector no longer count as reserve-eligible funds...
Manila sovereign standing rated weak under latest S&P readings
On a scale of 1 to 6, with 6 being weakest, the Philippine sovereign's institutional and economic standing is rated 4, according to the...
