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Davao death toll rises to 27 in landslides, floods
The death toll from landslides and floods in the Davao Region has risen to 27, up from the previous report of 21 deaths on Tuesday, February 6, 2024, according to the National Disaster Risk Reduction Management Council (NDRRMC)......»»
Quick look at the week ahead
Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»
BSP: Digitizing microfinance services will boost financial inclusion
Digitizing microfinance institutions could promote further financial inclusion in the country as borrowers from the unserved and underserved segments of the population will be able to access a wider range of financial services......»»
Financial system resources up 9 percent in January
The total resources of the country’s financial system continued to breach the P30-trillion level, rising by almost nine percent as of end-January, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed......»»
Stocks retreat on hawkish Fed, BSP rate signals
Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»
Fight vs inflation far from over – BSP
Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»
Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
US inflation, BSP action on investors radar this week
The stock market will attempt to sustain its momentum this week as investors look to get inspiration from upcoming US economic data and the policy rate-setting meeting of the Bangko Sentral ng Pilipinas......»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
BSP to strengthen consumer protection
The Bangko Sentral ng Pilipinas is further strengthening consumer protection measures as complaints breached the 30,000 level from January to September last year......»»
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.....»»
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.....»»
KOJC worker says Quiboloy not in Kitbog, no armed men in the area
MALUNGON, Sarangani (MindaNews / 02 June) – Fugitive preacher Pastor Apollo Quiboloy of the Kingdom of Jesus Christ (KOJC) is not hiding in Kitbog, a remote highland village here, a female worker of the KOJC declared in a video interview. “Wala po si Pastor dito sa Kitbog (Pastor is not here in Kitbog). We have […].....»»
Gilas girls armed, ready
It’s Gilas Pilipinas U18 girls’ turn to stamp their class in the continental stage......»»
74 displaced families get houses
Up to 74 Muslim families displaced by armed conflicts will be relocated in a village established by the Bangsamoro regional government......»»
74 internally displaced Moro families receive colorful houses in Maguindanao del Sur
A total of 74 marginalized Moro families, repeatedly displaced by armed conflicts over the years, are up for relocation to a village established for them by an agency of the Bangsamoro government......»»
‘Notorious’ gunman killed in shootout with police in Cebu City
CEBU CITY, Philippines — A man, tagged as a notorious gunman, was killed in an armed encounter with law enforcers in Cabangcalan Dos, Barangay Bulacao, Cebu City, on Thursday afternoon, May 23, 2024. The deceased was identified as Albert Padayao, alias “Perot,” 35, jobless, and a resident of Purok Camanchili, Barangay Candulawan, Talisay City. Police,.....»»
NTF-ELCAC won’t be abolished, says Marcos
President Marcos yesterday rejected calls to abolish the government’s anti-insurgency task force, saying it has lessened the security risks posed by communist rebels and has provided assistance to those who abandoned the armed struggle......»»