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BSP further eases foreign exchange transaction rules

Posted by on Nov 20, 2011 in Business News | 0 comments

By Joann Santiago MANILA, Nov. 20 (PNA) -– The Bangko Sentral ng Pilipinas (BSP) has further liberalized foreign exchange transactions in...

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October ’11 net hot money inflow up 58.6% vs previous month

Posted by on Nov 19, 2011 in Business News | 0 comments

MANILA, Nov. 19 (PNA) –- Net inflows of the foreign portfolio investments posted a 58.6 percent jump in October 2011 against the previous...

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BOP surplus reaches US$ 9.93B

Posted by on Nov 19, 2011 in Business News | 0 comments

By Joann Santiago MANILA, Nov. 19 (PNA) – The Philippines’ balance of payment (BOP) position rose to US$ 9.93 billion in end-October...

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Coop bank consolidation, merger possible by year-end

Posted by on Nov 18, 2011 in Business News | 0 comments

MANILA, Nov. 18 (PNA) – Some cooperative banks are expected to consolidate by the end of this year, the first product if ever of the...

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BSP sees upward direction for foreign reserve, BOP

Posted by on Sep 23, 2011 in Business News | 0 comments

MANILA, Sept. 24 (PNA) –Bangko Sentral ng Pilipinas (BSP) sees an upward path for the Philippines foreign reserves and the balance of...

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