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Monday, 17 March 2025, 1:06 am

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    2024 government borrowings push external debt 10 percent higher to USD12.2D

    Top News 0
    The country's total external debt (EDT) decreased to USD137.63 billion as of December 2024, a 1.4 percent drop from the previous quarter's USD139.64 billion, according to the Bangko Sentral ng Pilipinas (BSP).

    Food tops Filipino household spending, followed by housing and transportation – BSP Survey

    Banking & Insurance 0
    In a recent survey conducted by the Bangko Sentral ng Pilipinas (BSP), food and beverages consumed at home were found to be the largest expenditure for Filipino households, comprising 55.4 percent of their total spending in 2021.

    Meralco sales slowing in 2025 amid changing weather patterns

    Energy 0
    The Manila Electric Co. (Meralco) has revised its power sales forecast this year to only 4.6 percent, signaling a weaker performance versus the previous year. The revised projection comes following an exceptional spike in demand due to the effects of El Niño in 2024, which is unlikely to repeat this year.

    Meat imports surge 50% in January even as domestic price skyrockets

    Agriculture 0
    The Philippines reported a sharp 50 percent increase in meat imports in January from a year earlier, according to the Bureau of Animal Industry (BAI).

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Banking & Insurance

    2024 BOP still a surplus at USD609M but 16 percent lower vs 2023

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    The country's balance of payments (BOP) position for the fourth quarter of 2024 shifted to a deficit of USD4.5 billion, a stark contrast from the USD1.9 billion surplus recorded in the same period of 2023.
    Top News

    2024 government borrowings push external debt 10 percent higher to USD12.2D

    0
    The country's total external debt (EDT) decreased to USD137.63 billion as of December 2024, a 1.4 percent drop from the previous quarter's USD139.64 billion, according to the Bangko Sentral ng Pilipinas (BSP).
    Banking & Insurance

    Food tops Filipino household spending, followed by housing and transportation – BSP Survey

    0
    In a recent survey conducted by the Bangko Sentral ng Pilipinas (BSP), food and beverages consumed at home were found to be the largest expenditure for Filipino households, comprising 55.4 percent of their total spending in 2021.
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