BusinessWorld E-paper

September 21, 2026
THE PHILIPPINES’ balance of payments (BoP) deficit narrowed in August as sustained dollar inflows partly offset a higher import bill driven by elevated global oil prices, the Bangko Sentral ng Pilipinas (BSP) said.
Based on central bank data released late on Friday, the country’s BoP gap shrank to $596 million in August from the $1.47-billion deficit in July.

