by ev3v4hn | Jun 2, 2020 | Business News
The Philippines earned more dollars than it spent for the second consecutive month last March, which resulted in a narrower deficit of fund flows with other countries in the first quarter of this year, the central bank said on Tuesday (June 2). In a statement, the Bangko Sentral ng Pilipinas (BSP) said the country’s overall […]
by ev3v4hn | May 30, 2020 | Business News
The steady increase in fuel prices in May—after dropping sharply in the previous month at the height of the lockdown imposed to fight the coronavirus pandemic—may have pushed the country’s inflation rate to accelerate slightly, according to the central bank’s...
by ev3v4hn | May 29, 2020 | Business News
The steady increase of fuel prices in May—after dropping sharply in April at the height of the lockdown imposed to fight the COVID-19 pandemic—may have pushed the country’s inflation rate to accelerate slightly, according to the central bank’s economists. In a...
by ev3v4hn | May 28, 2020 | Business News
The country’s top monetary authority is reexamining its forecasts for the movement of foreign funds into or out of the country this year — a key determinant of the peso’s relative strength against other currencies as well as the pace of price increases across the...
by ev3v4hn | May 26, 2020 | Business News
Commitment to electronic payments was renewed at a summit held on Monday, Dec. 2, headed by the Bangko Sentral ng Pilipinas (BSP). The “Digital Payments Leaders Summit” was used as venue for the release of a study by the United Nations-based Better Than Cash Alliance...
