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BoP swings to $80-M surplus in June

THE balance of payments (BoP) registered an $80-million surplus in June — the slimmest in five months, reflecting the proceeds from foreign loans obtained by the government to fund its coronavirus response, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

BoP surplus widens in May

THE country’s balance of payments (BoP) saw a bigger surplus in May on the back of the National Government’s foreign borrowings and a narrower merchandise trade deficit.

BoP excess widest in 15 months

THE COUNTRY’S balance of payments (BoP) position ended at a wider surplus in April amid inflows from government loans secured to respond to the coronavirus crisis.

BoP position reverts to surplus in Q3

THE BALANCE of payments (BoP) position of the Philippines — which shows its economic transactions with the world for a particular period — reverted to a surplus in the third quarter, on the back of increased net inflows in the financial account paired with a lower deficit in its current account.

September balance of payments turns around from year-ago deficit

THE COUNTRY’S balance of payments (BoP) sustained a surplus for the third straight month — though the smallest amount in that period — turning around from a year-ago deficit, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

BoP position remains in surplus

THE COUNTRY’S balance of payments (BoP) position yielded a surplus for a second straight month in August on foreign currency deposits from the government and income from the central bank’s offshore investments, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday.

PHL balance of payments position reverts to surplus in Q2

THE country’s balance of payments (BoP) — which shows the Philippines’ economic transactions with the world for a certain time frame — reverted to a surplus in the second quarter, on the back of the narrowing of the current account deficit in the period, as well as continued net inflows in the financial account.

BoP swings to $404-M deficit in June

THE country’s balance of payments (BoP) registered a deficit in June, as the government made principal and interest payments on its foreign debts, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

December BoP surplus biggest in more than six years

THE PHILIPPINES’ balance of payments (BoP) posted the biggest surplus in more than six years in December, which also marked the second straight month of surfeit, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, but it still ended 2018 with a wider deficit than in 2017.

Balance of payments swings to $2.7B deficit in September

DOLLAR outflows ballooned in September to post its widest level in nearly five years, the Bangko Sentral ng Pilipinas (BSP) said, on the back of foreign loan payments and at a time of a weaker peso.

BoP, current account pressures persist

THE BANGKO SENTRAL ng Pilipinas (BSP) expects the country’s external payments position to settle at a wider deficit this year under the pressure of more imports but propped up by service-related inflows and the entry of more foreign capital.

Balance of payments deficit narrows in March

The Philippines’ external payments position saw a narrower deficit in March reflecting a wider but “manageable” trade gap, the Bangko Sentral ng Pilipinas (BSP)...

BoP deficit doubles in 2017 after posting Dec. surplus

THE balance of payments (BoP) position returned to a surplus in December, although the deficit widened over the course of 2017, the Bangko Sentral...

BSP sees narrower BoP deficit in 2018

By Melissa Luz T. Lopez, Senior Reporter THE Bangko Sentral ng Pilipinas (BSP) expects the country’s external payments position to settle at a narrower deficit...

Balance of payments swings to deficit

By Melissa Luz T. Lopez, Senior Reporter THE COUNTRY’S external payments position swung to a wider deficit in October to hit a three-month peak amid increased...

Balance of payments returns to surplus in September

By Elijah Joseph C. Tubayan, Reporter THE PHILIPPINES’ external payments position went back to a surplus in September after recording a deficit in four straight...

August marks 4th straight month of BoP deficit

THE COUNTRY’S external payments position logged a deficit in August for the fourth straight month -- though it was the smallest in that period,...