Pandemic woes continue to push hot money out of PH markets

Daxim L. Lucas - Reporter / @daxinq 08/27/2020

MANILA, Philippines — Short term investments in local financial markets continued to leave the Philippines in July as investors repatriated their assets due to the economic uncertainties caused by the coronavirus pandemic, according to the latest data…

Bangko Sentral exec: Retrenchment of OFWs not backed by official data

Vanessa Claire Lucero 02/23/2016

Government expects a flat growth in cumulative cash remittances from overseas Filipino workers (OFWs) in the next two years amidst falling oil prices and volatility in the Middle East, a Bangko Sentral ng Pilipinas official said. Diwa…

Let May election be the judge

Ricky Poca 01/03/2016

Happy New Year to all! It will be a year to   renew our relation- ship with God and with one  other. I know many are composing  New Year resolutions but I bet that many of them are…

PH economy in sweet spot, says Bangko Sentral exec Increased productivity, investments help sustain country’s growth

Aileen Garcia-Yap 10/13/2014

The country is in a sweet spot because the economy is growing rapidly and inflation rate is well within target levels. This was the assessment of Diwa Guinigundo, deputy governor of Bangko Sentral ng Pilipinas, on the…

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