President Ferdinand Marcos Jr. on Tuesday said that former President Rodrigo Duterte was lawfully arrested by Interpol agents on the strength of warrant issued...
Gold, as an asset, isn’t considered a favorable investment by the Bangko Sentral ng Pilipinas (BSP), as it typically leads to a negative carry due to custodial costs and price volatility.
Foreign direct investments (FDI) flowed inward on a net basis in December 2024, totaling USD110 million, representing a stark 85.2 percent decline from USD743 million from a year earlier. The Bangko Sentral ng Pilipinas (BSP) traced the drop primarily to increased debt repayments by resident corporations to foreign investors, which caused a shift in FDI composition.
Strong demand for Treasury bills (T-bills) at Monday’s auction led to a drop in average rates for shorter-dated securities while keeping the yield on one-year paper stable. The Bureau of the Treasury received tenders worth ₱90.6 billion for the ₱22 billion in bills offered, a sign of robust investor appetite.