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Manila borrowed $7.5 billion more over three months
The country honoring an international covenant on reporting its foreign debt bared owing $7.5 billion more in the first quarter this year to $118.8...
Projected 1Q BOP deficit end as a surplus instead
The country’s balance of payments (BOP), which tells whether the Philippines earns more foreign currency than it spends, surprised the monetary authorities who expected...
Narrowing interest rate differential unlikely to trigger capital flight or weak peso – Metrobank
Analysts at the Metropolitan Bank and Trust Co. anticipate another pause in the cycle of policy rate adjustments when the monetary board of the...
Four-month remittances rise 3% to $11.7 billion
Overseas Filipinos sent back to the Philippines $11.68 billion worth of foreign currency earnings in the first four months this year, an increase of...
Tourism direct gross valued added surges to P1.376 Trillion in 2022, but still off pre-pandemic high
The direct gross value added of the tourism industry last year accounted for 6.2 percent of gross domestic product or P1.376 trillion based on...
