The country's external financial landscape showed mixed signals in 2Q 2024, with a 3.6 percent quarter-on-quarter easing in its net external liability position to P2.9 trillion, down from P3 trillion in 1Q 2024.
Food-driven high inflation, averaging a three-month high of 2.5 percent in November, is forecast to average no higher than 3.1 percent in December, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
Remittances, a potent source of external liquidity for the Philippines, is projected to round the year at more than USD40 billion this year, according to latest estimates by the World Bank.
In a move helping empower cooperatives across the Philippines, Globe Business is enabling digital transformation to improve member engagement, streamline operations, and promote sustainable growth.
The Bangko Sentral ng Pilipinas (BSP) held its inaugural “Central Banking Symposium” on 24 November 2025 in Panglao, Bohol, launching a new forum for discussing modern monetary policy challenges.
BDO Unibank Inc., the country’s largest lender controlled by the Sy Group, has successfully priced its USD500 million, five-year Fixed Rate Senior Notes, raising fresh medium-term funding to support its lending operations and liability management program.
The Department of Agriculture–Bureau of Plant Industry (DA-BPI) has ordered onion importers to explain why permits for red onion shipments are being used far more slowly than those for yellow onions—a discrepancy officials say is contributing to the recent spike in retail prices.
The Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) have agreed to extend Molasses Order No. 1, which places a moratorium on molasses importation until the end of March next year.