The Philippines posted its second largest current account deficit on record in 2024 as the country’s bloated import bill ...

The Philippines’ balance of payments (BOP) position recorded a surplus of $609 million in 2024, lower than $3.7 billion in ...

The Philippines’ current account deficit widened to $17.5 billion in 2024, the second highest recorded since 2022, according to the Bangko Sentral ng Pilipinas (BSP). Data from the BSP showed the ...

Japan recorded a current account deficit in January for the first time in two years as a weak yen inflated the cost of ...

The deficit in the current account balance, a key component of the country's balance of payments, decreased 87% during the July-December period in the current financial year. Experts attribute the ...