BSP tweaks EDD rules, ups large withdrawal limit
The Bangko Sentral ng Pilipinas (BSP) has raised the threshold for cash withdrawals that trigger enhanced due diligence (EDD) to P1 million from P500,000, in a…
· 3 min read
Topic
The Bangko Sentral ng Pilipinas (BSP) has raised the threshold for cash withdrawals that trigger enhanced due diligence (EDD) to P1 million from P500,000, in a…
· 3 min read

The Philippine government has assured overseas Filipino workers (OFWs) in the Middle East that assistance and contingency measures are in place amid rising…
· 2 min read

Business confidence nosedived in January 2026, according to the latest Business Expectations Survey (BES) by the Bangko Sentral ng Pilipinas (BSP), as…
· 1 min read

It noted, however, that lower prices of vegetables, fruits and meat, as well as peso appreciation, could partly offset these pressures.
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Filipinos in conflict-stricken Iran may soon be urged to avail themselves of voluntary repatriation as the Department of Foreign Affairs (DFA) moves to raise…
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The Bangko Sentral ng Pilipinas (BSP) projects February inflation to settle within 2.3 to 3.1 percent, within its 2 to 4 percent annual target range.
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Business confidence nosedived in January 2026, according to the latest Business Expectations Survey (BES) by the Bangko Sentral ng Pilipinas (BSP), as…
· 2 min read

The Bureau of Customs (BoC) on Saturday reminded travelers of long-standing rules governing the entry and exit of Philippine and foreign currencies, warning…
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South Korean President Lee Jae Myung will embark on a state visit to the country next month, Malacañang announced on Friday.
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A number of foreign firms are in talks with the Philippine government to expand their respective operations in the country, according to Department of Finance…
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The PSEi climbed further on Wednesday, closing at 6,619.87, up 1.10 percent, as investors remained optimistic about upcoming fourth-quarter and full-year 2025…
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A number of foreign firms are in talks with the Philippine government to expand their respective presences in the country, according to Department of Finance…
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Philippine stocks started the week on a positive note on Monday, 23 February, with the PSEi closing at 6,488.51, up 23.39 points, or 0.36 percent, as investors…
· 2 min read

Easing bank secrecy laws will aid in the implementation of the Anti-Financial Account Scamming Act (AFASA) in going after financial criminals — including…
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Easing bank secrecy laws will aid in the implementation of the Anti-Financial Account Scamming Act (AFASA) in going after financial criminals—including corrupt…
· 3 min read

Four foreign nationals allegedly involved in telecommunications fraud, online gaming scams, and other illicit activities in Pampanga were arrested, the Bureau…
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Despite the positive macroeconomic signal from the central bank, overall market participation remained light, with net value turnover at P5.37 billion, still…
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Economists, government agencies, and the central bank attributed the shortfall largely to the fallout from the ongoing flood control infrastructure scandal.
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