BSP probes suspicious cash flows linked to flood control scandal
The Bangko Sentral ng Pilipinas (BSP) has opened an investigation into “unusually large flows of cash” that may be linked to the flood control corruption…
· 2 min read
Daily TribuneTopic
The Bangko Sentral ng Pilipinas (BSP) has opened an investigation into “unusually large flows of cash” that may be linked to the flood control corruption…
· 2 min read
The Bangko Sentral ng Pilipinas (BSP) will stop accepting new applications for digital banking licenses starting 1 December, following the Monetary Board’s…
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Two Chinese nationals arrested in Boracay for illegally managing and working at a restaurant were flown to Manila on Tuesday to face deportation proceedings,…
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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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‘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 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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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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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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Vice President Sara Duterte has traveled abroad 19 times from July last year to September, using her own resources, but the expenses incurred by her entourage…
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The Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC) have moved decisively to freeze assets of officials and contractors…
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The offer price of P10.42 per share is on an all-cash basis and carries a 19.33 percent premium over the stock’s one-year volume-weighted average price.
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The move signals that the Philippines is nearing potential inclusion in J.P. Morgan’s Government Bond Index-Emerging Markets, a widely tracked benchmark for…
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