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BSP posts $59.9-M net portfolio inflow in Oct.

Foreign portfolio investments in the Philippines showed a net inflow of $59.9 million in October, a sharp turnaround from a net outflow of $807.2 million…

(BSP) Governor Amando M. Tetangco Jr.

TDF auction volume raised to P180 billion

By Lee C. Chipongian The Bangko Sentral ng Pilipinas (BSP) has raised its term deposit facility (TDF) auction by P50 billion to P180 billion for…

MB FILE - Philippine bank notes / Photo courtesy of the Bangko Sentral ng Pilipinas (Manila Bulletin)

Managers downplay weakening of peso

By Chino S. Leyco The Duterte administration’s economic managers downplayed fears that the weakening local currency could hurt the country’s growing economy. Finance Secretary Carlos…