Daily Archives: August 10, 2018

FDI Net Inflows Grow by 142.9 Percent in May 2018; First Five Months’ Level Reaches US$4.8 Billion

Foreign direct investments (FDI) net inflows rose more than twice in May 2018 to US$1.6 billion from US$677 million recorded last year.1,2 This reflects continued investor confidence in the Philippine economy’s strong macroeconomic fundamentals and growth prospects. All FDI components… Read More

SINGAPORE HOLDS PARADE TO CELEBRATE NATIONAL DAY

SINGAPORE, Singapore held a National Day Parade Thursday evening to celebrate its 53rd birthday at its iconic Marina Bay, with performances, fireworks and military stunts. Tens of thousands of viewers at the Marina Bay Floating Platform were amazed at the… Read More

BSP Rediscount Rates Effective 13 August 2018 and Availments as of July 2018

The Peso rediscount rates are based on the latest available BSP overnight lending rate, plus term premia per Circular No. 964 dated 27 June 2017. On the other hand, EDYRF rates are based on the respective 90-day London Inter-Bank Offered… Read More

BSP Enhances Rules to Facilitate Bank Bond Issuance

The Monetary Board (MB) approved the enhanced rules for the issuance of bonds and commercial papers (CPs) in line with the thrust of the Bangko Sentral to contribute to the development of the domestic capital market. The new rules set… Read More

Police Advisory On Online Purchase Scams Involving Sales Of Concert Tickets

There will be several concerts in the second half of 2018, including gigs by popular South Korean boy bands WINNER and iKON. Police would like to remind the public that in 2017, there were at least 120 reports of online… Read More