Try GOLD - Free
End-July BOP swings to $5.8-billion deficit
Manila Bulletin
|August 21, 2025
From a surplus last year, the Philippines' balance of payments (BOP) position swung aggressively to a deficit in the first seven months of the year, which was evident even in July alone.
Data from the Bangko Sentral ng Pilipinas (BSP) showed that the BOP, which reflects the country’s transactions with the rest of the world, shifted to a deficit of $5.8 billion in the January to July period from a surplus of $1.5 billion in the same period last year.
The year-to-date BOP deficit was "largely due to the continued trade-in-goods deficit," the central bank reported on Tuesday, Aug. 19.
According to the Philippine Statistics Authority (PSA), the goods trade deficit for the first semester of the year narrowed by 4.4 percent to $24 billion from $25.1 billion in the same period a year ago.
This story is from the August 21, 2025 edition of Manila Bulletin.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Manila Bulletin
Manila Bulletin
We talk about flood control—but who controls online conversations?
When thousands joined the September 21 rally, the debate didn't just happen in the streets.
2 mins
October 6, 2025
Manila Bulletin
Zamboanga nips Mindoro
Zamboanga SiKat bested Mindoro, 68-62, to clinch a playoff slot in the South Division of the Manny Pacquiao Presents MPBL 2025 Season at the Pola Gymnasium in Oriental Mindoro on Saturday, Oct. 5.
1 min
October 6, 2025
Manila Bulletin
Who is my neighbor?
In the time of the evangelist Luke, when the community of believers was now composed of Jews and growing number of Gentile converts, the parable of the Good Samaritan would serve as a reminder that Jesus broke the dividing wall that separated Jews and Gentiles.
3 mins
October 6, 2025
Manila Bulletin
Meralco secures nod for RE deal
The Department of Energy (DOE) has cleared Manila Electric Co. (Meralco) to bid out a 200-megawatt (MW) renewable energy (RE) supply contract as way to expand its clean energy portfolio.
1 min
October 6, 2025
Manila Bulletin
A review of 'The Bodyguard The Musical'
Works Theatrical Production introduces the public to the Proscenium Theater at Rockwell Center, Makati, via a nostalgic musical romp called The Bodyguard, The Musical.
2 mins
October 6, 2025
Manila Bulletin
Netanyahu hopes to announce the release of all hostages from Gaza 'in the coming days'
Israeli Prime Minister Benjamin Netanyahu said he hopes to announce the release of all hostages from Gaza \"in the coming days,\" as Israel and Hamas prepare for indirect talks in Egypt on Monday on a new U.S. plan to end the war.
2 mins
October 6, 2025
Manila Bulletin
On Cloud 9
Fajardo captures record-extending MVP plum
1 mins
October 6, 2025
Manila Bulletin
GaKap 2025 awards: A celebration of hope, courage and resilience
One of the most highly-anticipated events of our peace partners during the National Peace Consciousness Month celebration held every September is the Gawad Kapayapaan or Gakap Awards.
4 mins
October 6, 2025
Manila Bulletin
There's a hole in Kirby Roxas' sky
Fantasy mixes with reality from this Art Verité Gallery exhibit
4 mins
October 6, 2025
Manila Bulletin
Gov’t debt payments decline slightly
The national government’s debt settlements reached P1.54 trillion in the first eight months of the year, a slight decline from P1.55 trillion a year ago, even though August saw an almost 400 percent jump in required payments.
2 mins
October 6, 2025
Listen
Translate
Change font size