NET foreign direct investments (FDI) surged to a four-month high in November but were lower compared to a year earlier, Bangko Sentral ng Pilipinas (BSP) data showed on Tuesday ... This dropped, however, from $791 million a year ago ... SM Investment Corp.
WEAK business and consumer confidence could blunt the impact of further interest rate cuts on Philippine economic growth, ANZ Research said ... The full-year result was a 2.1-percent drop from 7.7-percent growth in 2024 ... ....
BANK lending and money supply grew at a slower pace in December, the Bangko Sentral ng Pilipinas (BSP) reported late on Monday ... Month on month, outstanding U/KB loans fell by 2.0 percent after adjusting for seasonal fluctuations, the BSP said.
Labor faced a humiliating election loss following the state bank collapse in the early 90s. Now, recent polling shows a collapse of another kind could be brewing for the Liberal Party with One Nation hot on its heels ... .
RAPID consumer lending growth and the potential fallout from an ongoing corruption probe could put mild pressure on Philippine banks’ asset quality but the system remains resilient, Moody’s said on Monday ... ....
THE peso could fall to P59.50 to the dollar by the end of this year on the back of weaker export growth, continued Bangko Sentral ng Pilipinas (BSP) rate cuts and higher inflation, a Fitch Group unit said ... BSP Governor Eli Remolona Jr.