QUICK LOOK

15 Apr 2025

2:35PM

QUICK LOOK | OFW dollar remittances up 2.6% in Feb; slow, steady growth continues

The continued, albeit moderate, growth in remittances underscores their resilience amid global uncertainties. These inflows remain a key pillar of household consumption and foreign exchange liquidity in the Philippines.

11 Apr 2025

3:59PM

QUICK LOOK: January FDI inflows drop 20% as foreign firms cap funding

The decline was largely driven by a 37.7-percent fall in nonresidents’ net investments in debt instruments, which fell to $519 million from $833 million.

8 Apr 2025

12:18PM

QUICK LOOK: February jobless rate eases from January, but remains above year-ago level

The unemployment rate in the Philippines declined to 3.8 percent in February 2025, easing from 4.3 percent in January, but edging up from 3.5 percent in February 2024, according to the Philippine Statistics Authority’s Labor Force Survey.

8 Apr 2025

7:06AM

QUICK LOOK: March dollar reserves dipped to $106B as gov’t repaid debt

The month-on-month decrease was attributed mainly to foreign currency withdrawals by the national government to service external debt and to the BSP’s net foreign exchange operations.

11 Mar 2025

5:13AM

QUICK LOOK: PH reports flat long term investment net inflows of $8.9 B for 2024

December inflows, however, dropped sharply to $110 million, down 85.2 percent year-on-year, driven by increased debt repayments by local firms to foreign investors, leading to net outflows in debt instruments.

8 Mar 2025

8:58AM

QUICK LOOK: PH dollar reserves snap 4-month decline with $3.4-B gain in Feb

The central bank said this level provides a buffer equivalent to 7.5 months of imports and is 3.8 times the country’s short-term external debt.

6 Mar 2025

9:41AM

QUICK LOOK: PH unemployment rate dipped to 4.3% in Jan 2025 amid labor gains

Employment in the country improved, with 48.49 million people employed in January 2025, an increase from 45.90 million in January 2024. The employment rate stood at 95.7 percent, slightly higher than the 95.5 percent recorded a year prior.

20 Feb 2025

3:08PM

QUICK LOOK: PH economy starts 2025 with $4-B outflow as gov’t pays foreign debt

According to the BSP, the large deficit in January was driven by its net foreign exchange operations and the national government’s foreign currency drawdowns for debt servicing.

17 Feb 2025

11:22AM

QUICK LOOK: Expat Filipinos sent home a record high $3.7 billion last Christmas

This growth was driven by higher inflows from both land-based and sea-based workers.