MANILA, April 16 -- Bank of the Philippine Islands (BPI) said some of its services were temporarily unavailable on Tuesday. In a Facebook post, the bank said automated teller machine withdrawals, cas... Read More
MANILA, April 10 -- Foreign direct investments (FDI) net inflow went up by 89.9 percent in February this year. Data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday showed that FDI net ... Read More
MANILA, April 9 -- The country's budget deficit is projected to decline this year as revenue collection will likely exceed target, a unit of Fitch Solutions said on Tuesday. In a report released on T... Read More
MANILA, April 9 -- A further cut in banks' reserve requirement ratio (RRR) is still possible, the Bangko Sentral ng Pilipinas (BSP) said. "We want to eventually reduce the reserve requirement, but we... Read More
MANILA, April 8 -- Results were mixed during Monday's auction as the Bureau of the Treasury (BTr) fully awarded bills for Treasury bills (T-bills) while partially awarding the re-issued 10-year Treasu... Read More
MANILA, April 8 -- The Philippines is projected to grow by over 6 percent this year and in 2025, making the country one of the fastest growing economies in the region, the ASEAN+3 Macroeconomic Resear... Read More
MANILA, April 8 -- The Bureau of Internal Revenue (BIR) said it conducted a large-scale raid in three warehouses of illicit cigarettes in Indang and Dasmarinas, Cavite last March 21. In a statement o... Read More
MANILA, April 4 -- The Social Security System (SSS) is planning to offer a calamity loan assistance program for overseas Filipino worker (OFW) members recently affected by the earthquake in Taiwan. I... Read More
MANILA, April 4 -- The Bangko Sentral ng Pilipinas (BSP) said the proportion of non-performing loans (NPLs) of Philippine banks to their total loans settled reached 3.44 percent as of February this ye... Read More
MANILA, April 3 -- The World Bank on Wednesday recommended studying the country's value-added tax (VAT) exemptions as a way to enhance collection efficiency. In a press briefing, World Bank lead econ... Read More