The balance of payments deficit reflects a drop in the government's foreign currency deposits to pay off its external debt ...
The Bangko Sentral ng Pilipinas is likely to resume its easing cycle by cutting borrowing costs at its April meeting, after ...
Ayala Land Inc. is looking at fresh borrowings of up to 75 billion pesos ($1.3 billion) this year as the Philippines’ top ...
MANILA, Philippines – The Philippines’ national debt pile grew 9.8% to P16.05 trillion in 2024 amid a weaker peso and additional financing taken on by the national government, data from the Bureau of ...
THE Philippine central bank kept the key interest rate unchanged on Thursday (Feb 13), pausing a nascent easing cycle on ...
The Philippines opened the year with the widest balance of payments (BOP) deficit in 11 years, due mainly to the net foreign ...
Philippine banks bolstered their earnings by 9.8 percent to hit an all-time high of P391.28 billion in 2024 from P356.49 ...
The Philippines on Thursday sold a two-part dollar bond and a euro tranche, capitalizing on a recent drop in borrowing costs abroad. The Southeast Asian nation, which has investment-grade credit ...
The Philippine central bank is widely expected to deliver another quarter-point interest rate cut on Thursday, given a ...
MANILA (Reuters) -- The Philippine central bank unexpectedly kept rates steady on Thursday, its governor announced, leaving the overnight borrowing rate at 5.75%. Only two of the 26 economists polled ...