Thursday, 09 October 2025, 2:40 pm

    Tag: BSP

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    2024 BOP surplus reflects robust financial inflows despite 4Q deficit

    The country's balance of payments (BOP) posted a surplus of USD609 million in 2024, a decline from the USD3.7 billion surplus in 2023, according to the Bangko Sentral ng Pilipinas (BSP). This, the BSP said, was driven by a widened current account deficit, which grew by 41.4 percent to USD17.5 billion for the year. The deficit stemmed from a larger trade deficit and reduced receipts in services, partially offset by increased income transfers.

    BSP views gold as risky investment, eyes optimal ratio

    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. 

    BSP remains committed to an easing cycle

    The Bangko Sentral ng Pilipinas (BSP) remains committed to easing monetary policy, but the pace and magnitude of interest rate cuts, as well as...

    FDI inflows drop in December, full-year number stable

    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.

    Foreign currency reserves hit US$106.7 Billion in February

    The country's gross international reserves (GIR), an indicator of capacity to pay for trade and maturing debt, saw a significant rise in February, reaching USD106.7 billion, up from USD103.3 billion in January, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).

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    DA brings P20 rice, agri aid to Batanes

    Agriculture Secretary Francisco P. Tiu Laurel Jr. led the Department of Agriculture’s (DA) visit to Batanes to launch the “P20 Benteng Bigas, Meron Na!” program and distribute over ₱13 million in agricultural and fisheries support.

    DA lifts poultry import ban on six countries

    The Department of Agriculture (DA) has lifted its temporary ban on poultry imports from six countries previously affected by avian influenza.

    Japan, PH boost defense, disaster ties

    Japanese Defense Minister Gen Nakatani held a video teleconference with Philippine Secretary of National Defense Gilberto Teodoro, reaffirming defense cooperation and humanitarian assistance efforts.

    Altman-backed program appeals NPC ban on identity project

    World, the digital identity project co-founded by Sam Altman and developed by Tools for Humanity (TFH), said Thursday it will file a motion for reconsideration with the National Privacy Commission (NPC) following a cease and desist order (CDO) that halted its Philippine operations.

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