Bangko Sentral ng Pilipinas (BSP)-registered foreign portfolio investments (FPIs) in December 2021 recorded net outflows of US$4 million, bringing the total net outflows for 2021 to US$574 million.
Nonetheless, the full-year net...
State-owned Development Bank of the Philippines (DBP) has signed a memorandum of agreement with the Social Housing Finance Corporation (SHFC) – a key shelter agency, to provide financing to qualified housing...
Results of the Q4 2021 Senior Bank Loan Officers’ Survey (SLOS) showed that most of the respondent banks kept their overall credit standards generally unchanged for loans to both enterprises and...
In recent reports to the Fiscal Incentives Review Board (FIRB), investment promotion agencies (IPAs) identified the COVID-19 pandemic, high costs of doing business, and foreign equity restrictions in the Philippines as...
The Bureau of Customs through the joint operations of the Customs Intelligence and Investigation Service-Manila International Container Port (CIIS-MICP), National Bureau of Investigation (NBI), and Philippine Coast Guard (PCG) seized various smuggled goods in a warehouse at Pandi, Bulacan on 26 January 2022.
The Open Finance Roadmap 2021-2024 will boost digital transformation and stakeholder cooperation towards enhanced financial inclusion in the Philippines, according to the Bangko Sentral ng Pilipinas (BSP).
“The roadmap outlines priority actions,...
