BSP PR/PNA
MANILA -- Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno, announced in a statement over the weekend that the Philippines’ outstanding external debt stood at USD79.0 billion as of end-2018,...
DOF PR/PNA
MANILA -- Finance Secretary Carlos Dominguez III said in a statement on Sunday that the government is losing the opportunity to provide funds amounting to around PHP500 a million a...
By Joann Villanueva/PNA
MANILA -- Electronic banking channels of the Sy-led BDO Unibank Inc. (BDO) will be inaccessible from 10 p.m. Saturday, March 23, until 12 noon the following day due to...
By Joann Villanueva/PNA
MANILA -- Philippines’ main equities gauge ended the week on a positive note but the peso finished the trade sideways as investors remain jittery as they await the eventual outcome...
By Joann Villanueva/PNA
MANILA – The country’s current account (CA) deficit rose to record-high USD7.9 billion in 2018 after imports continue to surpass exports given the strong domestic demand.
However, Director Redentor Paolo...
By Joann Villanueva/PNA
MANILA -- Finance Secretary Carlos Dominguez III on Friday said terms of loans extended by the Chinese government for Philippine infrastructure projects are at least 30 percent better in...