Surge in consumer spending seen this year philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
The sentiment of Filipino consumers has shown a slight improvement in the first quarter of 2024, according to a survey released by the Bangko Sentral ng Pilipinas (BSP).
The Philippines opened the year with a balance of payments (BOP) deficit in January, the biggest in nearly a year to reflect outflows from the government’s payments of its foreign currency debt, the Bangko Sentral ng Pilipinas (BSP) reported.
Foreign investment transactions: BSP records $205 million net outflow in December 2023 philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Short-term foreign portfolio investments or “hot money” exited the Philippines in 2023 amidst a backdrop of uncertainties on the global economy and high interest rates environment, data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday showed.