Top News
More foreign currency expense than earnings seen persisting through 2026
The Bangko Sentral ng Pilipinas (BSP) projects the country's balance of payments (BOP) to remain in deficit over the next two years, as current account pressures persist.
Inflation seen at 1.9% in September
Headline inflation likely rose to 1.9 percent in September, driven by higher fish and rice prices, following rains and the government’s rice import suspension.
US government shuts down after Senate impasse
The US government officially shut down early Wednesday after both Republican and Democratic funding bills failed in the Senate, leaving federal agencies without a budget and triggering the suspension of nonessential services.
Foreign investments surge, push PH net liabilities higher
The country's international investment position (IIP) posted a net external liability of US$68.3 billion as of end-June 2025, according to latest figures from the Bangko Sentral ng Pilipinas (BSP).
Powerful quake rattles Central Philippines
A magnitude 6.9 earthquake struck Bogo City in northern Cebu late Tuesday, September 30, shaking a vast stretch of the Philippines from Camarines Sur in Luzon to Davao del Sur in Mindanao, according to the Philippine Institute of Volcanology and Seismology.
