Friday, 31 October 2025, 5:00 am

    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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    Ceb Pac leases Bulgaria Air to meet holiday travel surge

    Cebu Pacific announced on Thursday the damp lease agreement it signed with Bulgaria Air to boost its fleet during the peak travel season from December 2025 to January 2026.

    DA declares Bulacan avian influenza free

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has officially declared the Province of Bulacan as free from highly pathogenic avian influenza, following effective containment of a confirmed outbreak in December 2024.

    AyalaLand Logistics’ 9-mo. profit drops on slower land sales

    AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of Ayala Land Inc., reported an 86 percent drop in net income to ₱81 million for the first nine months of 2025, down from ₱617.5 million a year earlier, as demand for industrial land weakened.

    New livelihood hub aims to create 500,000 jobs

    Grab Philippines and MOVE IT, in partnership with the Department of Information and Communications Technology (DICT), have opened the Asenso Center in Marikina City—the first livelihood hub of its kind in Grab’s Southeast Asia network.

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