Tag: Bangko Sentral ng Pilipinas (BSP)
ANALYSIS & FORECAST: Remittances to grow 3% in 2025 as new labor corridors widen inflows
ECONOMISTS expect remittances by overseas Filipinos this year to top the record high of $38.34 billion reached in 2024, with widening labor corridors as...
7-month cash remittances up 3.1% at $19.93B
OVERSEAS Filipinos’ cash remittances rose 3.1 percent to $19.93 billion in January to July 2025 from $19.33 billion in the first seven months of...
CURRENCY RISK LOOMS AS H1 CURRENT ACCOUNT GAP WIDENS 13.6% – ANALYSTS
The Philippines’ current account deficit widened 13.6 percent to $9.2 billion in the first six months of 2025, prompting analysts to warn the worsening...
PH end-June external debt hits new high of $148.87B, up 14.4%
BSP: Debt stock still ‘manageable’
The Philippines’ total outstanding external debt climbed to a new record of $148.87 billion as of end-June 2025, up 14.4...
Banks Q2 real estate exposure hits P3.39T, up at 19.6% of total
Banks and their trust units’ exposure to real estate rose to P3.39 trillion in the second quarter to June 2025, equivalent to 19.61 percent...
