PHL firms eye ASEAN’s last frontiers
PHILIPPINE conglomerates are watching out for opportunities in less developed but fast-growing Association of Southeast Asian Nations (ASEAN) members, drawn by the “unique needs” of these markets.
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.
Japan credit watcher affirms PHL credit rating
The Japan Credit Rating Agency (JCR) has maintained the Philippines’ credit rating at ‘A-‘ with a “stable” outlook due to the country’s strong growth...
Japanese debt watcher raises PHL outlook to ‘positive’
THE Philippines is closer to securing a single-A credit rating from Japanese Credit Rating (JCR) Agency, after the debt watcher raised its outlook on the country to BBB+ positive from BBB+ stable.
Firms feel pinch as curbs tightened
BUSINESSES are calling for a quicker rollout of coronavirus disease 2019 (COVID-19) vaccines as they feel the pinch from tighter restrictions in the capital region amid a fresh surge in infections.
Moody’s sees ‘stable’ conditions for PHL banks
By Melissa Luz T. Lopez
Senior Reporter
THE PHILIPPINE banking system will remain “stable” in 2018, Moody’s Investors Service said, noting that conditions will steady across...
Lockdown pushes Philippines’ April PMI into contraction
PHILIPPINE factory activity slumped anew in April, as renewed lockdown restrictions in Metro Manila and nearby provinces hampered manufacturers’ operations and dampened demand, a survey by IHS Markit showed.
Rising rates put more pressure on consumers, SMEs — Fitch
RISING INTEREST RATES will put more pressure on consumers and small businesses in the Philippines, as many are still recovering from the economic shock brought by the coronavirus pandemic, Fitch Ratings said.
OFW remittances soar to all-time high $35.63 billion in 2025
Money sent home by Filipinos abroad jumped by 3.3% to a record high of $35.634 billion in 2025, the Bangko Sentral ng Pilipinas (BSP)...
S&P trims Philippines 2020 growth outlook
S&P GLOBAL RATINGS trimmed its growth outlook for the Philippines this year, even as it expects the economy to be one of the “least affected” by the coronavirus disease 2019 (COVID-19) outbreak in the Asia-Pacific region.
2021 ‘too early’ to end BSP easing
IT MAY BE “too early” for the central bank to unwind the accommodative measures it rolled out at the height of the coronavirus pandemic, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said ahead of today’s policy review, but assured it is ready to respond if signs of second-round effects of higher inflation become more pronounced.
BSP sees Oct. inflation at 5.1-5.9%
HEADLINE INFLATION may have eased to 5.1-5.9% in October as prices of fuel and key food items dropped, the Bangko Sentral ng Pilipinas (BSP) said late Tuesday.