Top News
Slower bank lending, liquidity growth still support economic expansion
Bank lending and domestic liquidity continued to expand in August, providing ongoing support to local output and economic activity despite a slight moderation in growth, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
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).
