Central Bank of the Philippines News and Monetary Policy Updates
Philippines financial reforms highlight wider investment constraints
The Philippines is moving to modernize its financial markets with a new pricing convention for peso-denominated government bonds from Jan. 4, 2027, and planned inclusion in J.P. Morgan’s ...
Philippines remittances growth slows as August inflows hit three-month low
Remittance inflows to the Philippines continue to rise in annual terms, but the pace remains subdued as August cash transfers from overseas Filipino workers fall to their lowest monthly level in ...
Philippine banks adopt new operational risk capital standard under Basel III
Philippine banks are required to factor past operational losses into their capital calculations under a new Bangko Sentral ng Pilipinas framework. The change aligns domestic prudential rules with ...
Philippines inflation outlook faces El Niño risk in fourth quarter
The Philippines faces a renewed inflation threat as weather-related supply shocks add to existing pressure from food, fuel and utility costs. Chinabank Research says a severe El Niño could push ...
Maya Philippines advances PERA launch plans in BSP-backed retirement savings push
Maya Philippines is moving to add a Personal Equity Retirement Account product as it expands its digital financial services lineup in the country. The plan aligns with the Bangko Sentral ng ...
Coins.ph faces central bank action in Philippines crypto market
Regulatory pressure is building around one of the Philippines' largest digital asset platforms, raising concerns over operations tied to offshore gambling businesses. The case could have broad ...
Bangko Sentral ng Pilipinas expects twin external deficits to persist amid oil price pressures
Persistent oil and commodity price pressures are expected to keep the Philippines in both balance of payments and current account deficits through 2027. The updated central bank outlook points to ...
Philippine peso slips as Middle East tensions, weak FDI data weigh on trading
Risk aversion in global markets and softer capital inflow data are pushing the Philippine peso slightly lower against the dollar in Tuesday trade. The local currency closes at P62.80 per dollar, ...
Philippine Treasury bond auction draws higher yields amid inflation pressure
The Philippine government raises less than planned at its latest dual-tranche Treasury bond auction as investors demand higher returns against a backdrop of persistent price pressures. Strong ...
Philippine shares fall as profit taking and BSP rate hike expectations weigh
Philippine equities close lower on Tuesday after a two-day climb, as investors lock in gains and reassess the outlook for interest rates. Market sentiment also remains pressured by rising ...
Philippines FDI inflows reach six-month high in July as annual pace weakens
The Philippines records its strongest monthly foreign direct investment inflow in six months in July, even as inbound capital falls sharply from a year earlier. The mixed result underscores softer ...
Philippine bank lending growth seen slowing into 2027 as rates stay elevated
Tighter financial conditions are expected to weigh more heavily on credit demand in the Philippines through the rest of the year and into 2027. The outlook comes as higher policy rates, weak ...
Philippines airline fuel surcharge eases for late October
Philippine airlines face a slightly lower passenger fuel surcharge for the second half of October as regulators trim the rate by one level. The adjustment still leaves charges above September ...
Meralco customers to receive P2.64 billion refund under ERC order
Philippine power consumers are set to get bill relief after regulators approved a refund tied to excess distribution charges collected in the first half of 2026. The recovery will be spread over ...
Deutsche Bank expects BSP to extend tightening cycle in the Philippines
Rising inflation and higher global oil prices are pushing expectations for another interest rate increase in the Philippines this month. Deutsche Bank now sees the Bangko Sentral ng Pilipinas ...
Philippine inflation risks keep BSP on tightening path amid Middle East shocks and El Niño
Escalating geopolitical tensions and the threat of a very strong El Niño are increasing pressure on Philippine inflation and complicating the central bank’s policy outlook. Economists say the ...
Philippines hot money posts August net outflow as inflation and peso pressure weigh
Foreign portfolio funds reverse course in the Philippines in August, as investors pull capital from local markets amid global risk aversion and weaker domestic conditions. The shift marks the ...
Philippines energy sector faces scrutiny over possible El Niño-linked price hikes
Power pricing and supply risks are moving higher in the Philippines as authorities prepare for the effects of a looming super El Niño and wider fuel market pressures. A senator is urging ...
Philippine government securities yields rise as inflation strengthens BSP hike expectations
Philippine government securities yields end last week broadly higher as September inflation comes in above market expectations and reinforces expectations of prolonged monetary tightening. The ...
Philippines needs export push to narrow external deficit
The Philippines' external imbalance reflects weak goods exports and heavy import dependence more than inadequate household saving. The argument draws on central bank research that links current ...
Lockheed Martin to supply Black Hawk training systems for Philippine Air Force
The Philippine Air Force is expanding its Black Hawk training capacity with new simulation and virtual maintenance tools as it builds in-country support for its helicopter fleet. The package ...
