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Archives

Revenues from fuel marking hit P131-B

MANILA – The government has collected about PHP131.17 billion worth of taxes until the middle of September from the implementation of …

Economist bullish on sustained surplus in PH’s current account

MANILA –  Philippines’ current account (CA) surplus is expected to be sustained after about two years in deficit due to lower …

Peso, stocks index end sideways

MANILA – The peso started the week sideways against the US dollar while the Philippine Stock Exchange index (PSEi) barely moved …

BSP fully awards P20-B bills in initial auction

MANILA – Auction of the initial 28-day Bangko Sentral ng Pilipinas (BSP) Bill was met with strong demand Friday. Data …

PH current account deficit seen to end 2020 in surplus

MANILA – The Philippines’ current account (CA) is now projected to likely end 2020 in surplus after posting deficits in recent …

Asean+3 leaders hike IMF delinked portion of CMIM

MANILA – Asean+3 finance ministers and central bank governors have approved the hike of the delinked portion of the USD240-billion Chiang …

Slowdown of PH inflation in August ‘within expectations’: BSP

MANILA – Domestic inflation rate in August slowed to 2.4 percent after two consecutive months of uptick due to the slower …

Promoting digital literacy boosts e-payments in PH

MANILA – Addressing people’s doubts on digital financing transactions is among the key factors to further increase the share of …

BSP hikes real estate loan limit to 25%

MANILA– Philippine monetary officials have expanded the real estate loan limit for universal and commercial banks (U/KBs) from 20 percent …

Covid-19 vaccine, quarantine easing to boost peso, stocks

MANILA – Optimism on the possible easing of quarantine measures in the National Capital Region (NCR) and hopes for coronavirus disease …

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