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Philippine cryptocurrency transactions steady

DIGITAL CURRENCY conversions in the Philippines steadied near the $40-million mark in recent months, a ranking central bank official said.

Senators delay decision on RCEP

THE SENATE on Wednesday evening adjourned sessions for the election break, without giving its concurrence to the ratification of the Regional Comprehensive Economic Partnership (RCEP).

Philippines Q1 agricultural output up 1.9% from a year ago

MANILA - The Philippines' agricultural output grew by 1.9% in the first quarter of the year from a year earlier, the statistics agency said...

FDI inflows surge in February

NET INFLOWS of foreign direct investments (FDI) jumped by 46.3% year on year in February, as the further reopening of the economy lifted investor confidence.

BSP says less hawkish stance may put pressure on peso

MANILA - The Philippine central bank's less hawkish stance may put pressure on the peso but ithas not affected the local currency yet, its...

Factory output rebounds in February

By Marissa Mae M. Ramos, Researcher FACTORY production rebounded in February, rising at its fastest pace in 18 months, the Philippine Statistics Authority (PSA) reported...

NG sets P215-billion borrowing plan for Nov.

THE NATIONAL Government (NG) plans to borrow P215 billion from the domestic market in November, the Bureau of the Treasury (BTr) said.

MB foreign debt approval falls 30% in first quarter

THE Monetary Board (MB) approved $2.38 billion worth of foreign borrowing by the National Government (NG) in the first quarter of 2020, down 30% year on year, according to the Bangko Sentral ng Pilipinas (BSP).

Peso to move sideways vs dollar with Middle East developments in focus

THE PESO may trade sideways against the dollar this week as markets remain on edge amid the temporary ceasefire deal between the United States...

Competition body zeroes in on 10 sectors in study

By Krista A. M. Montealegre National Correspondent THE PHILIPPINE COMPETITION COMMISSION (PCC) is embarking on a study of anti-competitive practices in 10 priority sectors that may...

Central bank rolls out new coin series design

THE BANGKO SENTRAL ng Pilipinas (BSP) has rolled out new designs for coins, with the latest currency series to come in silver but carry...

Agriculture output growth slows to 2.8% as livestock, fisheries drag

Agricultural output growth slowed to 2.8% year-on-year by value in the third quarter, with strong crop production helping offset significant drops in livestock and...
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