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(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…
AS the May 9 elections draw near, the Bangko Sentral ng Pilipinas (BSP) yesterday urged the public to be “extra vigilant” against counterfeit banknotes. Leonides B. Sumbi, BSP director for Visayas, also stressed that the central bank…
International Monetary Fund (IMF) resident representative Shanaka Jayanath Peiris said the next president should be capable of sustaining the Philippines’ good performance by spending more for infrastructure, trading more and attracting more foreign direct investments (FDIs). Peiris,…
If not for external shocks, GDP growth last year would have been 8% To attract more investors to the Philippines, a Bangko Sentral official said government needs to highlight the positive factors that distinguish the country from…
THE Bangko Sentral ng Pilipinas warned that counterfeit bank notes are likely to circulate during the election period. Leonides B. Sumbi, Bangko Sentral acting director for Central Visayas, said consumers should take note of the distinguishing features…
AS PART of its financial literacy campaign, the Bangko Sentral ng Pilipinas (BSP) is visiting selected schools to encourage students to save. Cebu City was the fifth leg, and second to the last stop of the campaign,…
BANGKO Sentral ng Pilipinas officials continue to encourage the public to exchange their old currency notes for new ones especially since there are still an estimated 11 percent of these old pieces of currency still in circulation…
Consumer loans granted by the banking sector continued to increase, reaching P932.8 billion in the first quarter of this year, the Bangko Sentral ng Pilipinas (BSP) said in a statement. This has sustained the quarter-on-quarter growth in…
Achieving even the low-end of government’s growth target for this year may be a challenge in the face of a volatile peso and the negative sentiment in the equities market, a central bank official said. The peso…
The Boy Scouts of the Philippines (BSP) Cebu Council inducted its new officers and board members last Thursday. Dr. Juliet Jeruta, Department of Education (DepEd) regional director, led the induction of DepEd officials as mandated Board Members.…
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