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Net foreign liabilities rise in Q1 2025, underscoring PH net debtor status
The country's net external liability position expanded to US$69.3 billion as of end-March this year, up 5.8 percent from US$65.5 billion in December 2024, affirming the country’s continued status as a net debtor to the rest of the world, according to data from the Bangko Sentral ng Pilipinas (BSP).
BOP imbalances forecast between this year and next over persistent outflows
The Philippines is forecast to post balance of payments (BOP) deficits equal to around 1 percent of local output, measured as the gross domestic product (GDP) in both 2025 and 2026, reflecting persistent external currency outflows that exceed inflows.
Moody’s sees slight rebound in Philippine inflation
Inflation in the Philippines, which has plumbed a record low in more than five years of 1.3 percent in May, is projected to inch up at the upcoming June price survey, analysts at Moody’s Analytics said on Monday.
Cooler climate tempers Meralco sales growth; commercial, residential demand hold steady
Meralco, the country's largest power distributor, projects marginal growth in power sales for 1H 2025, a slowdown attributed primarily to cooler summer weather conditions that reduced energy consumption, particularly in the residential segment. Despite this, the company maintains a degree of resilience, with slight upticks in retail trade and restaurant-driven demand, signaling continued post-pandemic consumer activity.
Gas, diesel prices slashed as oil dips
Motorists can expect a significant relief at the pumps starting Tuesday, as fuel prices are set to drop further following a full week of global crude trading and a de-escalation of geopolitical tensions in the Middle East.
