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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.....»»
UPCAT set for August 10 to 11
The University of the Philippines will hold the 2025 UP College Admission Test in August, its Office of Admissions announced yesterday......»»
DHVSU San Fdo campus to open this August: Dong
DHVSU San Fdo campus to open this August: Dong.....»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»
With clean balance-sheet Indian Banking sector has enough opportunity for growth: K V Kamath
New Delhi [India], May 17 (ANI): India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing InfrastructureDevelopment in an interview with ANI. He also pointed out that after the government has solved the problems of NPA (Non-Performing Asset) in India and India's banking sector has come out of the twin balance sheet problem so now.....»»
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 […].....»»
Saso bounces back with 69 but still trails by 6
Yuka Saso rebounded from a previous round of 75 with a 69 but still found herself trailing significantly behind new leaders KoreanJiyai Shin and Alison Lee of the US after three rounds of the FIR Hills Seri Pak Championship at Palos Verdes Estates in California Saturday (Sunday Manila time)......»»
Stocks rebound on encouraging GDP numbers
Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»
Russian car production surged in 2023 - data
The industry has rebounded after a sharp downturn in 2022 Russian factories produced more than 700,000 vehicles last year in what has been a rapid recovery from Western sanctions, Russian Deputy Prime Minister Denis Manturov announced on Monday. Car production in Russia rose by 16% in 2023, with ov.....»»
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.....»»
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.....»»
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 swings to deficit in January
The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the government paid its foreign currency debt obligations......»»
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.....»»
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......»»
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.....»»