Consumers will have diverging fate at petroleum pumps this week, as those using diesel will be cheered with price rollback, while those filling up their vehicles with gasoline products will bear added financial pain in their pockets. Based on the advisories of the oil companies, the price of...
Gilas Pilipinas Women’s Jack Animam is taking her professional act to Australia’s National Basketball League after signing with Ringwood Hawks on Thursday, March 28. GIlas Pilipinas Women’s Jack Animam. (FIBA Photo) The 25-year-old center is adding a new journey to her career following stints...
Sen. Ramon "Bong" Revilla, Jr. hailed the Bagong Pilipinas Serbisyo Fair (BPSF) caravan for bringing the government closer to the people. (Photo from the Office of Senator Ramon "Bong" Revilla Jr.) Revilla lauded President Marcos and House Speaker Martin Romualdez as the two work hand in hand for...
DAVAO CITY – The Bangko Sentral ng Pilipinas-Mindanao, in collaboration with the Philippine Information Agency-11, convened media practitioners in an information session to enhance industry awareness on financial consumer protection on March 21. THE Bangko Sentral ng Pilipinas-Mindanao conducted...
Multinational subsidiary Shell Pilipinas Corporation closed 2023 with earnings slowing down to P1.2 billion compared to the previous year’s rosier bottom line of P4.1 billion. The company indicated that its financial performance last year still placed the company on a solid footing - propelling...
House Speaker Martin Romualdez (Facebook) The Bagong Pilipinas Serbisyo Fair (BPSF) has turned into a venue where House members put in full display their support for Speaker Martin Romualdez and the Marcos administration in general. The latest...
Consumers filling up their vehicles with gasoline products will feel very slight pinch on their pockets this week as the price of this commodity will rise by P0.10per liter; while diesel users will be luckier with P0.10 per liter rollback for the product. Meanwhile, for kerosene products which is a...
The Philippines’ current account deficit shrank by 38.6 percent to $11.2 billion last year (equivalent to -2.6 percent of the country’s gross domestic product) from P$18.3 billion in 2022 (equivalent to -4.5 percent of the country’s GDP) The Bangko Sentral ng Pilipinas said “The lower...
The Philippines’ total external debt (EDT) rose by $14.1 billion or by 12.7 percent to $125.4 billion in 2023 from the end-2022 level of $111.3 billion, driven by net availments of $9.2 billion, bulk of which were net borrowings by the national government. The Bangko Sentral ng...
Remittances up 2.7% to $3.15 B in January Personal remittances from Overseas Filipinos (OFs) went up 2.7 percent to $3.15 billion in the first month of 2024 from the $3.07 billion registered in the same month last year. The Bangko Sentral ng Pilipinas said the increase in personal remittances in...
The country’s balance of payments (BOP) is seen to register a slight surplus this year, but will reverse into a deficit in 2025, based on the latest projections approved by the Monetary Board that incorporate most recent data and developments. “The emerging external outlook for 2024 and 2025 is...
The Bangko Sentral ng Pilipinas (BSP) has again ordered banks and other BSP-supervised financial institutions (BSFIs) to place the Philippine identification card (PhilID) at the top of the list of acceptable valid IDs as it is the official government-issued ID. In a statement, the BSP said all...
