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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

Bitcoin hits new all-time high

The leading cryptocurrency surged above the $72,000 mark on Monday Bitcoin, the world's highest-valued cryptocurrency, hit a new record on Monday as it surged above $72,000. The token soared to a fresh all-time high of $72,030, breaking the record set in November 2021 and bringing gains for the year so far to n.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

DHVSU San Fdo campus to open this August: Dong

DHVSU San Fdo campus to open this August: Dong.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Upson income drops despite record revenue

Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Gaming revenues beat target, hit record P285 billion in 2023

The local gambling industry continued to take advantage of increased operational capacity, with its gross gaming revenues exceeding targets and hitting a record P285 billion in 2023......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

MPIC earnings surge 30% to P5.6 billion in Q1

Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Digital economy contributes 8.4 pct to Philippine economy in 2023

MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

PHL gross gaming revenues breach P200B in 2 straight years

PHL gross gaming revenues breach P200B in 2 straight years.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

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

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

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

Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair

Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»

Category: entertainmentSource:  philstarRelated NewsFeb 11th, 2024

Valorant Champions heads to Seoul to kick off year

The 2024 Valorant Champions Tour (VCT) began over the weekend with the Kickoff Tournament across different international leagues, with the announcement that the culminating tournament in VCT, Valorant Champions, will be taking place in Seoul, South Korea in August......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Pagcor earnings hit P25 billion in Q1

The earnings of state-run Philippine Amusement and Gaming Corp. (PAGCOR) soared by 43 percent to P25.2 billion in the first quarter, driven by the electronic games sector......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024