MANILA, Philippines - The Philippines posted its second largest current account deficit on record in 2024 as the country’s ...

The Philippines’ balance of payments (BOP) position recorded a surplus of $609 million in 2024, lower than $3.7 billion in ...

Starting today, more bank savings are going to be protected under the expanded insurance coverage for deposits. The ...

The Philippines’ current account deficit widened to $17.5 billion in 2024, the second highest recorded since 2022, according to the Bangko Sentral ng Pilipinas (BSP). Data from the BSP showed the ...

THE country's current account deficit exceeded projections last year, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, widening to $17.5 billion from 2023's $12.4 billion and also surging ...

P1 million will be given to depositors of closed banks, and not those who may have been victims of scams or hacking.

Budgetary support to state-run firms declined by 15 percent to P139 billion in 2024 from P163.5 billion in 2023 as fiscal ...

Listed D.M. Wenceslao and Associates Inc. (DMW) relied on the competitive advantage of its flagship Aseana City to sustain ...

Philippine stocks sustained their recovery Friday, with the benchmark Philippine Stock Exchange index (PSEi) gaining 52.04 ...

CBS China Bank Savings (CBS), the country’s second-largest thrift bank, is accelerating its expansion in the Visayas and ...

The Philippine Stock Exchange index (PSEi) improved in two straight trading days closing the week in the green territory, ...

The national government reduced its financial support for state-run corporations in 2024, as subsidies dropped to their lowest level in six years, data from the Bureau of the Treasury (BTr) showed.