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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......»»

Category: financeSource: philstar philstarJan 19th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 19th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsFeb 21st, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 19th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Government posts P88 billion surplus

The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»

Category: financeSource:  philstarRelated NewsMar 16th, 2024

Budget surplus unlikely to last – Recto

The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Cebuana s R& B bop makes waves

Cebuana s R& B bop makes waves.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Government urged to keep spending, avoid high surplus

The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

El Niño damage to livestock in Negros Occidental reaches P10M

El Niño damage to livestock in Negros Occidental reaches P10M.....»»

Category: lifestyleSource:  abscbnRelated News11 hr. 59 min. ago

Damage to crops in NegOcc due to El Niño reaches P184.7M

Damage to crops in NegOcc due to El Niño reaches P184.7M.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Barmm measles vax drive reaches nearly 1M

Barmm measles vax drive reaches nearly 1M.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Stephen Curry reaches 300 3-pointers for record fifth time, Warriors beat Grizzlies 137-116

Stephen Curry reaches 300 3-pointers for record fifth time, Warriors beat Grizzlies 137-116.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

NO STATE OF CALAMITY DECLARATION | Crop damage in WV due to El Niño reaches over P761M

NO STATE OF CALAMITY DECLARATION | Crop damage in WV due to El Niño reaches over P761M.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M

AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

P25/kilo rice reaches more households in NegOcc

P25/kilo rice reaches more households in NegOcc.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024