BSP: No new digital bank applications by December
The Bangko Sentral ng Pilipinas (BSP) will stop accepting new applications for digital banking licenses starting 1 December, following the Monetary Board’s…
· 1 min read
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The Bangko Sentral ng Pilipinas (BSP) will stop accepting new applications for digital banking licenses starting 1 December, following the Monetary Board’s…
· 1 min read
Diokno stressed that procurement will be competitive, contractors will be paid within 15 working days, and that the BSP maintains ‘zero corruption.’
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The Philippine financial system’s resources expanded by more than 6 percent in July, reflecting continued growth in the country’s banking sector and alignment…
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The Philippine financial system’s resources expanded by more than 6 percent in July, reflecting continued growth in the country’s banking sector and alignment…
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The Bangko Sentral ng Pilipinas (BSP) strengthened its push for a more inclusive digital economy with the launch of the “Paleng-QR Ph Plus” program in Iloilo…
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The House of Representatives is set to hold deliberations to weigh possible actions to ensure Ako Bicol Rep. Elizaldy Co’s compliance with the 10-day window to…
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Navotas City Representative Toby Tiangco expressed confidence that the recently signed E-Governance Act, or Republic Act 12254, will make government services…
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‘This will make it cumbersome to deliver large volumes of cash in SOPs, commissions, and payoffs from one corrupt government contractor or influence peddler to…
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The central bank said the August surplus was mainly due to its net income from investments abroad. This trimmed the year-to-date deficit to $5.4 billion from…
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The country’s balance of payments (BOP) swung to a surplus of $359 million in August, higher than the $88 million surplus recorded in the same month last year,…
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The Department of Trade and Industry (DTI) has clarified that the mandatory E-Commerce Philippine Trustmark badge for small businesses that utilize the…
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The measure, issued on 18 September, comes as regulators seek to lessen risks linked to excessive use of cash while encouraging Filipinos to shift to digital…
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Mayor Francisco “Isko Moreno” Domagoso has presented a P140- billion flood control master plan to President Ferdinand R. Marcos Jr., stressing the need to…
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The Department of Trade and Industry (DTI) clarified that the mandatory E-Commerce Philippine Trustmark badge for small businesses selling online is free, at…
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The Japan Credit Rating Agency also emphasized the Philippines’ ‘solid foreign currency liquidity position,’ noting that it will allow the country to remain…
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The Bangko Sentral ng Pilipinas (BSP) clarified that the mandatory credit quota for micro, small and medium enterprises (MSMEs) under the Magna Carta has…
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The Land Transportation Office (LTO) announced Tuesday it will comply with the Department of Transportation’s (DoTr) order for officials to take public…
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A request by DPWH Secretary Vince Dizon to freeze assets of those involved in flood-control anomalies has resulted in swift action by the BSP and the AMLC. ‘We…
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