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PH seen posting balance of payments deficit

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Bangko Sentral ng Pilipinas.  INQUIRER.net FILE PHOTO

Projections for the country’s transactions with the rest of the world have been revised, given weaker-than-expected investment inflows and the clogging at Manila’s ports that slowed down the importation of goods.

Posted: November 22nd, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

PH posts $98-M BOP surplus

The Philippines continued to make more money from overseas in September, as exports surged, imports slumped and income from remittances and outsourcing firms remained firm, official data released on Monday showed.

Posted: October 21st, 2014 in Editor's Pick,Headlines | Read More »

August surplus trims 8-mo BOP deficit

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The Philippines posted a balance of payments (BOP) surplus for the second straight month this year in August, although the eight-month external payments position remains at a huge deficit.

Posted: September 23rd, 2014 in Editor's Pick,Headlines | Read More »

BOP surplus target still attainable, says BSP

By
Amando M. Tetangco Jr

The central bank remains confident that the target for the country’s external payments position is still within reach, implying a strong recovery in investment flows in the coming months.

Posted: August 26th, 2014 in Headlines,Latest Business Stories | Read More »

BOP back to deficit in June

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The country’s balance of payments swung to a deficit in June after showing signs of recovery the month before, putting new BOP forecasts for the year at risk of being missed.

Posted: July 19th, 2014 in Headlines | Read More »

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