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May 21, 2024
The Philippines registered a balance of payments deficit of $639 million in April as the government settled more foreign obligations, the Bangko Sentral ng Pilipinas said.
May 21, 2024
Two more senior administration lawmakers, on top of the previous two officials of the House of Representatives who endorsed the renewal of the Manila Electric Co. franchise, have supported the grant of another 25-year legislative franchise to the company.
May 21, 2024
DEBT payments led to a wider Balance of Payments (BOP) deficit in April 2024, according to the Bangko Sentral ng Pilipinas (BSP). The BSP said the BOP deficit widened by 331.76 percent to $639 million in April 2024 from the $148-million deficit in April 2023. This led to a reversal…
May 21, 2024
The Bangko Sentral ng Pilipinas (BSP) will allow the market to determine the foreign exchange rate but it will intervene when necessary to smoothen volatil...
May 21, 2024
A NEXT Generation 911 system (NG911) used in the United States has been installed in Morong, a second-class town in Rizal, making the municipality the first local government unit (LGU) in the Philippines and the first in Southeast Asia to have a world-class, state-of-the-art emergency response center in place.
May 20, 2024
The Bureau of the Treasury (BTr) raised P15 billion from the tender of Treasury bills (T-bills) on Monday as rates across all tenors eased on signals of a rate cut in the coming months. The auction committee made a full award of its P15 billion T-bills, raising P5 billion each…
May 19, 2024
AISHEL Evangelista, Patrica Mae Santor and Ricielle Maleeka Melencio were handed the Most Outstanding Swimmer awards on Sunday at the close of the Congress of Philippine Aquatics โOne For All-All For Oneโ National Capital Region Swimming Championship at the Teofilo Yldefonso Swimming Center inside the Rizal Memorial Sports Complex. The…
May 19, 2024
Economists expect growth in stock and bond markets but more cost-efficient spending by investors after the Bangko Sentral ng Pilipinas (BSP) signaled a less haw
May 19, 2024
In the course of seeking a new franchise, the House found the broadcast firm underserving of a grant for a new application of ABS-CBN