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BSP forecasts lower BOP deficits in 2023 and 2024

ABS-CBN News
Posted at Mar 17 07:11 PM

The Bangko Sentral ng Pilipinas said the country will likely post a smaller balance of payments deficit this year next year compared to 2022. Read more »

Trade deficit at $5.74 billion in January 2023: PSA

ABS-CBN News
Updated as of Mar 14 04:25 PM

The trade deficit widened to $5.74 billion in January 2023, as imports outpaced exports, data from the Philippine Statistics Authority released Tuesday showed. Read more »

Toxic environment iniiwasan ng mga Pinoy sa paghahanap ng trabaho

Izzy Lee, ABS-CBN News
Posted at Mar 02 07:41 AM

Work is life, pero work-life-balance is lifer para sa mga Filipino jobseekers. Read more »

Ayaw sa toxic: Study says jobseekers want work-life balance

Jessica Fenol and Jekki Pascual, ABS-CBN News
Posted at Mar 01 04:55 PM

Majority of Filipino jobseekers are looking not just for stability but also for work-life balance, according to a new study released on Wednesday. Read more »

Marcos eyes digitalization for food security: Palace

Job Manahan, ABS-CBN News
Posted at Feb 23 06:45 PM

President Ferdinand Marcos, Jr. has supported the creation of a digital farmer registry and food balance sheets in a bid to help the country's agriculture sector, Malacañang said on Thursday. Read more »

BSP hikes ceiling on credit card fees to 3 percent

ABS-CBN News
Posted at Jan 23 09:25 AM

The Bangko Sentral ng Pilipinas said it has approved the increase in the monthly ceiling of fees imposed on unpaid credit card outstanding balance by 100 basis points to 3 percent from the previous 2 percent. Read more »

PH books $612 million BOP surplus in December

ABS-CBN News
Posted at Jan 19 05:48 PM

The BSP noted that this was lower than the $991 million BOP surplus recorded in the same month last year. Read more »

Business Mentor: Tips to Kickstart 2023

ABS-CBN News
Updated as of Jan 14 11:48 AM

The first month of the year should always be initiated with positivity because setting your mind this way gives you a better vision of what you want to achieve. Read more »

BOP posts $756M deficit in Nov; GIR level hits $95.1B

ABS-CBN News
Posted at Dec 20 09:28 AM

The country's balance of payments (BOP) posted a deficit of $756 million in November 2022, higher than the $123 million deficit recorded in the same comparable period, data from the Bangko Sentral ng Pilipinas showed. Read more »

PH posts $711-M balance of payments surplus

ABS-CBN News
Updated as of Nov 20 04:37 PM

The Philippines posted a balance of payments (BOP) surplus of $711 million in October, the Bangko Sentral ng Pilipinas said Friday. Read more »

BOP deficit widens, gross reserves fall in Sept

ABS-CBN News
Posted at Oct 19 04:43 PM

The Philippines posted a balance of payments deficit of $2.3 billion in September, while gross international reserves declined to $93 billion. Read more »

Arianna Huffington: Quiet quitting won't solve burnout epidemic

Jessica Fenol, ABS-CBN News
Updated as of Oct 14 04:58 PM

Focusing on mental health increases productivity, the founder of Huffington Post said, adding that 'quiet quitting' is the not the real solution. Read more »

Trade deficit widens to $6 billion in August: PSA

ABS-CBN News
Posted at Oct 11 10:55 AM

The trade deficit widened to $6 billion in August, as imports continue to outpace exports, data from the Philippine Statistics Authority released Tuesday showed. Read more »

MODUS: Scammers na nangkakaltas ng GCash balance

ABS-CBN News
Updated as of Oct 05 08:04 PM

Sinabi ng GCash na mayroon silang customer protect program para maresolba ang mga hindi awtorisadong transaksiyon para maibalik ang nawawalang pera. Read more »

PH gross reserves fall as BOP deficit rises in August

ABS-CBN News
Posted at Sep 19 06:46 PM

The Philippines' gross international reserves fell further in August as the country's balance of payments deficit widened again, the Bangko Sentral ng Pilipinas said. Read more »

Trade deficit widens to $5.93 billion in July: PSA

ABS-CBN News
Posted at Sep 09 12:44 PM

The difference between the value of export and import widened to $5.93 billion in July or a jump of 69.1 percent, data from the PSA showed. Read more »

Industrialization, job creation to boost economy, reduce trade deficit: DTI

Sherrie Ann Torres, ABS-CBN News
Posted at Aug 22 03:36 PM

Industrialization could help mitigate the country's ballooning trade deficit or the balance between exports and imports, through improving sectors such as manufacturing and creating jobs, Department of Trade and Industry Secretary Alfredo Pascual said Monday. Read more »

PH posts $1.8 billion balance of payments deficit in July 2022

ABS-CBN News
Posted at Aug 19 05:20 PM

This is a reversal from the $642 million BOP surplus recorded in the same month last year, the BSP said. Read more »

PH trade deficit widens to $5.84 billion in June

ABS-CBN News
Posted at Aug 09 12:36 PM

The Philippines' trade deficit widened to $5.84 billion in June 2022 or an annual increase of 75.4 percent as imports outpaced exports. Read more »

World Balance unveils 2nd colorway of Thompson's shoe

ABS-CBN News
Updated as of Jul 13 02:38 PM

After several teases in the past months, World Balance on Tuesday confirmed that they are releasing the second colorway of Scottie Thompson's signature shoe. Read more »