National Bureau of Statistics: The official manufacturing PMI was 49.5% in May, and enterprise production continued to expand

The production and operation activities of enterprises have maintained the trend of resuming development

Gelonghui FinanceMay 30 21:43 ET

Philippines Books Balance of Payments Deficit of $639 Million in April

Philippines booked a balance of payments (BOP) deficit of around $639 million in April after the government continued to settle its foreign obligations, according to a report released by the Bangko Sentral ng Pilipinas (BSP) on Thursday.

MT NewswiresMay 23 01:07 ET

Philippines to Curb FX Speculation as Peso Approaches Record Low

The Philippine central bank is trying to rein in speculation in the foreign-exchange market, Governor Eli Remolona said, as the peso weakens toward a record low.

BNN BloombergMay 22 22:31 ET

Bank of the Philippines Governor: Trying to curb speculative activity in the foreign exchange market

Bank of the Philippines Governor Eli Remolona said that the central bank is trying to curb speculation in the foreign exchange market. The market is still in order, and there are no signs of pressure.

環球市場播報May 22 09:02 ET

Philippine BSP Chief Backs Easy Liquidity After Rate Cut Signal

A day after signaling the central bank’s readiness to pivot to monetary easing, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said he would like to see liquidity loosened as policy was becoming tighter than necessary.

BNN BloombergMay 16 22:58 ET

Philippine Peso Softens After Central Bank Opens Door to Rate Cut

The Philippine peso softened against the US dollar and many other Asia Pacific currencies after the central bank cut its inflation forecast for the year and hinted that an interest rate cut could be announced in either the third or fourth quarter.

MT NewswiresMay 16 06:33 ET