BSP considering subscription fee on digital transactions

Anna Leah Gonzales - Philippine News Agency 01/10/2025

MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the central bank is considering a subscription fee model for digital transactions. “If you look at the payment system, every time you add one more participant,…

Shares down, peso weakens ahead of FOMC, BSP meeting

Anna Leah Gonzales - Philippine News Agency 12/19/2024

MANILA, Philippines — Local shares declined while the peso weakened Wednesday, ahead of the Federal Open Market Committee (FOMC) and the Bangko Sentral ng Pilipinas (BSP) Monetary Board meetings. The Philippine Stock Exchange index (PSEi) fell by…

SSS releases over P32B for pensioners’ 13th month, Dec. pensions

Anna Leah Gonzales - Philippine News Agency 12/09/2024

MANILA, Philippines – The Social Security System (SSS) has released the 13th month and December pensions worth P32.19 billion to over 3.6 million pensioners. In a statement Monday, SSS officer in charge Voltaire Agas said the first…

Coin deposit machines collections hit P1 billion

Anna Leah Gonzales - Philippine News Agency 11/28/2024

MANILA – The Bangko Sentral ng Pilipinas (BSP) said PHP1.082 billion worth of coins have been deposited through its coin deposit machines (CoDM). In a social media post on Monday, the BSP said as of Nov. 15,…

Probe on unauthorized GCash deductions to be completed December

Anna Leah Gonzales - Philippine News Agency 11/20/2024

CEBU, Philippines – The Bangko Sentral ng Pilipinas (BSP) investigation on unauthorized deductions in mobile payment provider GCash is expected to be completed by the second week of December. “We want to be thorough in this because…

DTI releases 2024 Noche Buena products price guide

Anna Leah Gonzales - Philippine News Agency 11/20/2024

MANILA – The Department of Trade and Industry (DTI) has released the 2024 Noche Buena products price guide, noting many of these essential items have remained at their 2023 prices while others have even decreased. In a…

Fuel price hike: Diesel up by P2.10/L, gasoline by P1.50/L

Anna Leah Gonzales - Philippine News Agency 11/12/2024

MANILA – Motorists are going to be hit by another big-time fuel price increase or fuel price hike starting today, November 12. In separate advisories on Monday, Petro Gazz, CleanFuel, Caltex, Seaoil and Shell announced a hike…

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