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Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Philippines dollar reserves slip to $102.67 billion

The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

BSP prodded to build up forex reserves

The Bangko Sentral ng Pilipinas should continue rebuilding its gross international reserves amid the wide current account deficit and heavy reliance on debt funding, according to Bank of America Global Research......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Hotel101 Global reserves Ticker symbol “HBNB” in Nasdaq SE

Hotel101 Global reserves Ticker symbol “HBNB” in Nasdaq SE.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 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

The trillion-dollar club

Could we really join the trillion-dollar club, along with the big boys, including Canada or Italy or Brazil?.....»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

BPI readies issuance of dollar bonds

The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

InLife offers Dollar Secure 7

InLife offers Dollar Secure 7.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Dollar remittances hit record high

The strong finish in December due to the holiday season boosted dollars sent home by Filipinos abroad to reach an all-time high of $37.2 billion in 2023, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Senator calls out loitering China vessels in Philippines Rise

Chinese vessels were caught “loitering” and doing research in Benham Rise, also called Philippine Rise, which is within the country’s exclusive economic zone, Sen. Francis Tolentino said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Fit Rise 75 NPA Triathlon marks conclusion of Fit Rise 75 programme at National Police Academy

Hyderabad (Telangana) [India], January 9 (ANI): The Sardar Vallabhbhai Patel National Police Academy organised 'Fit Rise 75 NPA Triathlon', which comprised three sub events - 1 km swimming, 40 km cycling and 10 km running - as part of celeberations of 75 years of service to the nation. Teams from 17 police organizations participated in the event. Besides, 76 RR IPS trainees, trainees of 75th batch of IRS (CIT), course par.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Power rates down by P0.37/kWh for Feb-Mar billing

High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

FDI inflow registers 2-month high in January

The inflow of foreign direct investments soared by 89.9 percent to hit a two-month high in January, as easing inflation boosted investor confidence in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Airfares to go down next month

Filipinos planning to go on summer trips may start booking their flights next month to take advantage of cheaper airfares as the government cut the fuel surcharge for the second month in a row......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Cuts in bank reserves unlikely soon – BSP

The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Malampaya

Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in the country......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

La cote de l Afrique de l Ouest etait un paradis pour la piraterie et la pche illegale : comment la technologie change la donne

Le golfe de Guinee - une region cotire qui s'etend du Senegal l'Angola - est dote de vastes reserves d'hydrocarbures, de mineraux et de ressources halieutiques. Il s'agit egalement d'une voie importante pour le commerce international, ce qui le rend essentiel au developpement des pays de la region.Cependant, pendant longtemps, les pays du golfe de Guinee n'ont pas s.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Philippines forex reserves dip to $103 billion in January

The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024