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Tag: BOP

BOP surplus hit $3.7b in third quarter

The Philippines’ balance of payments (BOP) posted a surplus of $3.7 billion in in the third quarter of 2024. a turnaround from a deficit...

BOP position swung to $724-m deficit in October

The Philippines’ balance of payments (BOP) position posted a deficit of $724 million in October 2024, a reversal from the $1.5-billion surplus recorded in...

BSP upgrades 2024, 2025 outlook on BOP surplus, foreign reserves

The Bangko Sentral ng Pilipinas (BSP) said over the weekend it expects improvements in the balance of payments (BOP) position in 2024 and 2025...

BOP posted $1.4b in first half; GIR surpassed $105b

The Philippines posted a balance of payment (BOP) surplus of $1.44 billion in the first half of 2024, despite the deficit incurred in June,...

PH balance of payments posted $2-b surplus in May

The Philippines posted a $2-billion balance of payments (BOP) surplus in May 2024, rebounding from the $439-million deficit recorded in the same month last...

BOP posted smaller deficit in February

The country’s balance of payments (BOP) deficit narrowed in February 2024 on lower government foreign debt payments, the Bangko Sentral ng Pilipinas (BSP) said...

BSP upgrades 2024 balance of payments surplus goal to $700m

The Bangko Sentral ng Pilipinas (BSP) said Friday it raised the projected 2024 balance of payments (BOP) surplus to $700 million on positive inflows...

BOP rebounded to post $3.7-b surplus in 2023

THE Philippines posted a balance of payments (BOP) surplus of $642 million in December 2023, bringing its full-year external position to a positive territory...

BSP expects smaller BOP deficit, cuts 2023 foreign reserves target

The Bangko Sentral ng Pilipinas said Friday it expects a balance of payments deficit of $100 million in 2023, smaller than the previous estimate...

GIR climbs to $100 billion

The gross international reserves of the Philippines climbed to $100 billion in July 2023 from $99.4 billion in June, the Bangko Sentral ng Pilipinas...

Philippine gross international reserves fall below $100 billion

The Philippines gross international reserves dropped to a four-month low of $99.4 billion as of end-June 2023 from $100.6 billion in the previous month...

Philippines incurred lower BOP deficit of $349 million in May 2023

The Philippines’ balance of payments position yielded a lower deficit of $439 million in May 2023, compared to the $1.6-billion shortfall a year ago,...

BSP sees lower 2023 BOP deficit of $1.2b

The Bangko Sentral ng Pilipinas on Friday revised its balance of payments forecast in 2023 to a deficit of $1.2 billion from a previous...

BOP posted $412-m deficit in September

The country’s balance of payments position posted a deficit of $412 million in September, a reversal of the $2.1-billion surplus a year ago, as...
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