
BSP eyes lifting digital banks freeze
The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
· 2 min read
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The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
· 2 min read

The national government’s (NG) debt service bill increased in May amid an increase in amortization and interest payments, the Bureau of Treasury said.
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GCash was initially available in beta to users in the US, Canada, Italy, the UK, Australia and Japan
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The Philippines' outstanding debt went up to a new record high in October following additional domestic and international borrowings to fund state financing…
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Five income-generating properties of Megaworld Corp., the country's largest office landlord led by tycoon Andrew L. Tan, were temporarily frozen by the Branch…
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The domestic claims of the other financial corporations sub-sector (OFCS) increased in the second quarter of 2023 due to higher claims on the depository…
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Headline inflation likely went again in September amid higher food prices and high base effects, private sector economists said over the weekend.
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The global debt burden remains well above its pre-pandemic levels despite declining as a proportion of economic output last year, the International Monetary…
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Malacañang on Saturday announced that President Ferdinand Marcos Jr. has appointed National Treasurer Rosalia de Leon as a member of the Monetary Board of the…
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Although Australia is seen as one of the world's cleanest political systems, a string of controversies, including expenses abuse, political interference by…
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The Philippines’ debt-to-GDP ratio -- 63.7 percent in the third quarter from 62.1 percent in the second quarter - remains 'very manageable' compared to other…
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Britain's new prime minister, set to be former finance minister Rishi Sunak, inherits a UK economy that was headed for recession even before the recent turmoil…
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A weakened peso and rising commodities prices and electricity rates could drive the September inflation between 6.6 to 7.4 percent, the Bangko Sentral ng…
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The International Monetary Fund has projected the Philippines' gross domestic product to grow by 6.5 percent in 2022 but to slow to 5 percent in 2023 as the…
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Despite the normalization of policy settings, the Bangko Sentral ng Pilipinas' policy rate is still accommodative, BSP Governor Felipe Medalla said on Thursday.
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The country's inflation rate has slightly eased to 6.3 percent in August 2022 from 6.4 percent in the previous month, according to the latest report of the…
· 1 min read

