We are sorry, the requested page does not exist
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
Further improvement in Philippines external position seen
The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»
BOP shortfall narrows to $196 million in February
The Philippines registered a balance of payments shortfall of $196 million in February, its second straight month of deficit, as the government settled more foreign debt obligations last month, the Bangko Sentral ng Pilipinas said......»»
BoP reverts to surplus, reaches $3.7 billion last year
The country’s balance of payments position reverted to a surplus, hitting $3.67 billion last year and reversing the $7.26 billion deficit recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
Del Monte swings to net loss in 9 months
Del Monte Pacific Ltd. expects to finish its fiscal year 2024 in the red as the company slipped to a net loss in the nine months ending January......»»
Balance of power in PBA?
The balance of power in the PBA has tilted – at least for now......»»
5 Practical Steps to Balance Money for a Well-Rounded Life
Trying to save money is good for you financially but sometimes we can be overly frugal, and it can be bad for you too. Saving is not just about pinching pennies — it’s about finding the right balance that lets you enjoy your life without hurting your saving habits. Giving yourself a break from time […].....»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
Maya is '1 Digital Bank in PH
Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»
SSS releases P257 billion in benefit payments
State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»
BSP hits 50 percent target in digitized payments
The Bangko Sentral ng Pilipinas managed to hit its goal of shifting half of total retail payments to digital channels in 2023, with more small businesses likely to onboard moving forward......»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility.....»»