Bank lending up 12.2%, domestic liquidity grows by over 6% in Feb.

Manila, April 1 -- Bank lending continued to grow by over 12 percent, while domestic liquidity expanded by more than 6 percent in February this year, the Bangko Sentral ng Pilipinas (BSP) said. Preli... Read More

BSP, Hong Kong Monetary Authority hold high-level bilateral meeting

Manila, April 1 -- The Bangko Sentral ng Pilipinas (BSP) and the Hong Kong Monetary Authority recently held a high-level bilateral meeting to exchange views and strengthen cooperation on various areas... Read More

Economist sees continued decline in unemployment rate

Manila, March 27 -- The country's unemployment rate could further improve to around 3 percent as of end-February this year, an economist said Thursday. "Philippine unemployment rate as of February 20... Read More

PH financial system resilient amid global headwinds - FSCC

Manila, March 27 -- The country's financial system continued to be resilient and stable despite global headwinds driven by geopolitical tensions and policy shifts, the Financial Stability Coordination... Read More

Japan to finance PH infra projects, health, climate change programs

Manila, March 24 -- Finance Secretary Ralph Recto secured financing for big-ticket infrastructure projects and budget support for health and climate change initiatives during the Philippines-Japan hig... Read More

Comelec deposits election source codes to BSP

Manila, March 24 -- The Bangko Sentral ng Pilipinas (BSP) and the Commission on Elections (Comelec) signed an agreement Monday for the safekeeping of the Final Trusted Build Source Codes for the May 1... Read More

PH now VAT-free for foreign tourists

Manila, March 24 -- Government officials signed on Monday the implementing rules and regulations (IRR) of Republic Act (RA) 12079 or the Value-Added Tax (VAT) Refund for Non-Resident Tourists. In a s... Read More

BTr upsizes Treasury bills award

Manila, March 24 -- The Bureau of the Treasury (BTr) raised PHP28 billion from the Treasury bills (T-bills) auction on Monday, higher than the PHP22-billion offering. "The auction was 3.1 times overs... Read More

Gov't, private sector developing PH Climate Finance Strategy

Manila, March 21 -- The Department of Finance (DOF), in collaboration with other government agencies and the private sector, is currently developing the Climate Finance Strategy (CFS) to help finance ... Read More

Construction activities reach 12.5K in January

Manila, March 21 -- The number of construction activities reached 12,526 in January, the Philippine Statistics Authority (PSA) said on Friday. Preliminary data released by the PSA showed that the num... Read More

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