Tag: Debt
Govt ‘front loading financing needs’ in Q1 — analyst
Foreign borrowings up 118% at $6.29B
Approvals by the Bangko Sentral ng Pilipinas (BSP) of private foreign borrowings more than doubled in the first quarter...
EastWest posts record-high net income of P7.6B
East West Banking Corporation (EW) posted in 2024 a record-high net income of P7.6 billion, up 25 percent year-on-year, driven by solid consumer loan...
March foreign reserves drop to $106.2B as PH pays foreign debt
Up 2.1% from yr-earlier; BSP also intervenes to stabilize peso
The Philippines’ gross international reserves (GIR) declined to $106.2 billion at end-March from the end-February...
Crude price plunge complicates Saudi Arabia’s economic agenda
BY YOUSEF SABA
DUBAI - Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after...
More Filipinos using BNPL services, study shows
The Buy Now, Pay Later (BNPL) market in the Philippines has seen significant growth in terms of unique users, with at least one out...
