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The Philippines’ financial system was put on heightened alert against laundered cash just as the country entered into the long Lenten holidays, at the request of the Malaysian central bank, which said it had foiled a major…
THE Bangko Sentral ng Pilipinas on Monday said it expects inflation in October within the range of 3.2–3.7 percent to possibly hit an almost three-year high. Citing the projection of its Department of Economic Research, the BSP…
Amid uncertainties in the global economy such as US President Donald Trump’s protectionist policies and “Brexit,” majority of the Association of Southeast Asian Nations (Asean) central bank governors and their deputies were optimistic Asia will continue to…
A TRADE official in Central Visayas has sought the assistance of the Bangko Sentral ng Pilipinas (BSP) in obtaining a breakdown of dollar remittances sent to the Philippines by region. Asteria Caberte, director of the Department of…
REPLACE depositors’ ATM cards with EMV cards. This call was made by the Bangko Sentral ng Pilipinas (BSP) as it reiterated its call for banks to put in place additional security measures for the automated teller machines…
BSP: Creating bank accounts for conditional cash transfer program beneficiaries may be it The Bangko Sentral ng Pilipinas (BSP) sees the potential of tapping the unbanked members of the country’s marginalized sector in a bid to strengthen…
CEBU CITY–The Bangko Sentral ng Pilipinas (BSP) has reminded the public anew to have their old banknotes exchanged for new ones because these will no longer hold value by Jan. 1, 2017. Lawyer Leonides Sumbi, BSP Cebu…
The local stock barometer has wiped out all gains earlier seen in the year, sliding to the 6,800 level as US policy risk arising from Donald Trump’s election as the new president escalated aversion to most emerging…
(Conclusion) WITH the Philippines recognized by the international financial organizations like the World Bank (WB) and the International Monetary Fund (IMF) as Asia’s rising tiger, a Bangko Sentral ng Pilipinas (BSP) official cites the factors that made…
The Bangko Sentral ng Pilipinas (BSP) held its awards ceremony for stakeholders in Central Visayas with the theme “Sustained Partnership, Sustained Economic Growth.” Among the awardees are Muramoto Audio-Visual Philippines Inc., Phil-Japan Metals and Refined Products Co.…
MANILA — Net inflows of job-generating foreign direct investments (FDI) jumped to the highest-ever monthly figure of $2.2 billion in April as the Philippines’ economic star shone in the region and attracted greater investor interest, the Bangko…
Government expects a flat growth in cumulative cash remittances from overseas Filipino workers (OFWs) in the next two years amidst falling oil prices and volatility in the Middle East, a Bangko Sentral ng Pilipinas official said. Diwa…
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