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May 18, 2023
MANILA, May 18 (Xinhua) -- The Philippine central bank on Thursday decided to keep the interest rate on the overnight reverse repurchase facility at 6.25 percen
April 5, 2023
MANILA, April 5 (Xinhua) -- The Philippines gross international reserves (GIR) level rose to 100.2 billion U.S. dollars as of end-March from 98.2 billion dollar
February 21, 2023
MANILA, Feb. 21 (Xinhua) -- The Philippines overall balance of payments (BOP) posted a 3.1 billion U.S. dollars surplus in January 2023, a reversal from the 102
December 12, 2022
MANILA, Dec. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines fell to 626 million U.S. dollars in September, 7.9 percent lower th
October 10, 2022
MANILA, Oct. 10 (Xinhua) -- The foreign direct investment (FDI) that flowed into the Philippines declined to 460 million U.S. dollars in July, bringing the cumu
September 22, 2022
MANILA. Sept. 22 (Xinhua) -- The Philippine peso slid to a new record low against the U.S. dollar for the third straight day, closing at 58.49 pesos on Thursday
August 22, 2022
MANILA, Aug. 22 (Xinhua) -- Over half of the Philippines adult population now own a financial account, according to a survey result released on Monday by the Ph
July 6, 2022
MANILA - The share of digital payments to total retail payments volume in the Philippines rose to 30.3 percent in 2021 from 20.1 percent in 2020, according to the latest e-payments data of the Bangko Sentral ng Pilipinas (BSP). The value of digital payments in the country, meanwhile, represented 44.1 percent of total retail payments in 2021, up from the 26.8 percent recorded a year earlier. "The latest results show we are closer to meeting our objective of converting at least 50 percent of ...
June 23, 2022
MANILA, June 23 (Xinhua) -- The Philippine central bank on Thursday decided to hike the interest rate on the overnight reverse repurchase facility by 25 basis p
June 13, 2022
MANILA, June 13 (Xinhua) -- Foreign direct investment (FDI) net inflows into the Philippines reached 727 million U.S. dollars in March, 9.8 percent lower than t