Dollar reserves rise to 13-month high
THE Philippines’ gross international reserves (GIR) soared to its highest level in over a year as the central bank’s gold holdings reached a record high at the end of November.
BoI investment pledges decline by 48%
THE BOARD of Investments (BoI) has approved P816.81 billion worth of investment pledges as of November, dropping by 48.3% from the P1.58 trillion in pledges approved in the same period a year ago.
Volatility to continue before Fed, BSP decisions
PHILIPPINE SHARES may see continued volatility this week before the policy meetings of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP),...
BSP to cut policy rate anew — poll
THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to ease for a fifth straight meeting on Thursday as economic growth slows and inflation remains below target, analysts said.
Banks’ bad loans inch up to 3.33% in October
THE PHILIPPINE BANKING sector had slightly more bad debts in October than in the previous month, bringing its gross nonperforming loan (NPL) ratio to...