The Philippines’ balance of payments (BOP) position posted a $3.1 billion surplus in February this year, rebounding from the $4.08 billion deficit seen a month ago. According to the Bangko Sentral ng Pilipinas (BSP), it also marks a sharp rebound from the $196 million deficit recorded in February...
The Philippines’ balance of payments (BOP) surplus dropped to $609 million in 2024, sharply lower than the $3.7 billion recorded in 2023, as a wider current account deficit weighed on the country’s external position. This BOP decline marks a nearly 84 percent, or $3.1 billion decrease,...
The Philippines posted a lower balance of payments (BOP) surplus of $1.441 billion as of end-June amid a narrowing trade deficit and net inflows registered by the central bank. Based on the latest data from the Bangko Sentral ng Pilipinas (BSP) released Friday, July 19, the first semester BOP tally...
Belgian DJ Yves V and K-pop girl group Viviz, composed of Umji, Eunha and Sinbi, collaborated for the remix version of the latter’s “Bop Bop!” “Bop Bop!” is the title track of Viviz’s debut album “Beam of Prism,” which was released in February. The remix version was released on...
K-pop group Viviz performed on the Grammys’ Global Spin, a digital series that spotlights artists around the world. Viviz, composed of Eunha, composed of Eunha, SinB and Umji, became the first K-pop idol group to be selected to appear on Global Spin. Viviz “We may live in an era where cultural...
The Philippines balance of payments (BOP) position registered a $1.04 billion surplus in August, resulting in lower deficit in the first eight months of the year, the central bank reported. Philippines' end-August BOP deficit is reduced to $253 million Data from the Bangko Sentral ng Pilipinas...
The central bank reported a higher balance of payments (BOP) deficit of $1.627 billion in the first five months after incurring a $1.397 billion shortfall for the month of May. The end-May BOP deficit is a reversal of the $4.029 billion surplus recorded in the same period last year. The Bangko...
The Bangko Sentral ng Pilipinas (BSP) is expecting a bigger balance of payments (BOP) surplus of $7.1 billion in 2021 compared to its previous projection (March) of $6.2 billion. The 2022 BOP surplus estimate is however revised lower to $2.7 billion versus previous forecast of $3.8 billion. The...
The central bank said the country’s balance of payments (BOP) deficit is down to $231 million in the first four months on account of the $2.614 billion surplus recorded for the month of April. The BOP deficit improved from $2.844 billion at the end of the first quarter or as of...
The central bank said Thursday, (April 29) that the Philippines continued to incur a balance of payments (BOP) deficit of $2.844 billion at the end of the first quarter. For the month of March only, the shortfall dropped to $73 million compared to $2.019 billion in February and $752 million deficit...
The Bangko Sentral ng Pilipinas (BSP) has updated its latest balance of payments (BOP) projection higher to a $6.2 billion surplus this year versus its previous $3.3 billion estimate announced last December. The country’s gross international reserves (GIR) is expected to climb by as much as...
The Philippines’ balance of payments (BOP) surplus surged to an all-time high of $16.02 billion in 2020 on the back of higher reserves due to more net foreign borrowings by the National Government (NG) last year, and weak import demand because of the COVID-19 pandemic which constrained economic...
