Stocks higher, peso unchanged
March 18, 2019
Philippine stocks closed higher while the peso closed unchanged at P52.65 against the US dollar on Monday. The Philippine Stock Exchange index finished at 7,873.02 points, up 74.74. In the broader market, there were 94 gainers, 93 decliners and 54
Fourth quarter BOP registers higher surplus; full-year 2018 deficit up
March 15, 2019
The balance of payments position (BOP) recorded a surplus of $2.8 billion in fourth quarter of 2018, higher than the $505 million surplus posted in the same quarter of the previous year, the Bangko Sentral ng Pilipinas (BSP) said Friday.
Stock up, peso slightly lower
March 15, 2019
Philippine stocks rose while the peso ended slightly lower against the US dollar on Friday. The Philippine Stock Exchange index settled at 7,798.28 points, up 47.86 points. In the broader market, there were 103 gainers, 88 decliners while 41 were
External debt rose in fourth quarter: BSP
March 15, 2019
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, said Friday outstanding external debt stood at $79 billion as of end-2018, up by $2.5 billion (or 3.3 percent) from the end-September 2018 level of $76.4 billion. The growth in the debt
Personal remittances reach $2.7 billion in January
March 15, 2019
Personal remittances from overseas Filipinos grew by 3.4 percent year-on-year in January to reach $2.75 billion from $2.66 billion, Bangko Sentral ng Pilipinas ( BSP) Governor Benjamin Diokno announced Friday. Personal remittances from land-based workers with work contracts of one year
Foreign portfolio investment transactions yield net inflows in February
March 14, 2019
Registered investments for February amounted to $1.4 billion, lower by 31.6 percent compared to the $2.1 billion for January, the Bangko Sentral ng Pilipinas said Thursday. Year-on-year, however, inflows rose by 34.9 percent compared to the $1 billion for the
PSE index, peso slightly lower
March 14, 2019
The Philippine Stock Exchange index finished 15.73 points lower to 7,750.42 points while the peso closed at P52.60 against the US dollar on Thursday. In the broader market, there were 107 decliners, 77 gainers while 49 were unchanged. Volume reached
$20.1b FDI inflows over 2-year period ‘unprecedented’, says Dominguez
March 14, 2019
Finance Secretary Carlos Dominguez III said the $20.1 billion in net foreign direct investments (FDIs) over 2017 and 2018 remain “unprecedented” and show the upward trajectory of FDI inflows is sustainable in the future. Bangko Sentral ng Pilipinas (BSP) data
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