e-money-finance
Read More

Philippines: BOP deficit widens in March

MANILA, Philippines –  The Philippines’ balance of payments (BOP) remained in deficit in March, the widest in four months, as more money flew out of the country against the capital that came in. This is the sixth consecutive month the country incurred a BOP deficit, data from the Bangko Sentral ng Pilipinas (BSP) showed. The […]

Read More
bounty-dollar-7
Read More

Philippines: Personal remittances up in February

MANILA, Philippines – Personal remittances from overseas Filipinos in February increased by 3.3 percent to $2.397 billion. This growth was a slowdown from the 8.5 percent growth experienced last month  and 8.3 percent last year. For the first two months of the year, personal remittances accumulated to $4.794 billion, 5.9 percent higher than last year’s […]

Read More
logo
Read More

Philippines: Trade deficit widens in Feb

MANILA, Philippines – The country’s trade deficit widened 56.5 percent to $1.728 billion in February from $1.104 billion a year ago  as manufacturing and consumption-related imports outpaced exports during the month, the Philippine Statistics Authority (PSA) said. Imports  grew 20.3 percent to $6.511 billion in February on increased inbound shipments of the following goods: mineral […]

Read More