
Secure settlement scheme marks year 3
The Bangko Sentral ng Pilipinas (BSP) said it marked a milestone with the third anniversary of PhilPaSSplus, the real-time gross settlement (RTGS) system.
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The Bangko Sentral ng Pilipinas (BSP) said it marked a milestone with the third anniversary of PhilPaSSplus, the real-time gross settlement (RTGS) system.
· 1 min read

The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
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Headline inflation in July accelerated due to higher food and utility costs, the Philippine Statistics Authority (PSA) said on Tuesday.
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The government is set to implement various cash assistance programs worth at least P253 billion to cushion the impact of rising inflation on vulnerable…
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When President Ferdinand Marcos Jr. delivers the State of the Nation Address (SoNA) two weeks from now, on top of the agenda should be the high prices of basic…
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The number of unemployed Filipinos increased month-on-month in May 2024 as more workers in the agriculture sector lost jobs during the month.
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The rate of growth in the prices of goods and services slightly eased in June after four consecutive months of increasing inflation, which strengthens the case…
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President Ferdinand Marcos Jr. said on Monday that inflation remains one of the country's "greatest problems" despite the Philippines making…
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Bank of the Philippine Islands (BPI) expects a slightly better inflation rate for the full year at 3.5 percent from 3.7 percent, following a…
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Union Bank of the Philippines (UnionBank) posted a net income of P2 billion in the first quarter which reflected double-digit growth in net interest income,…
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Bank officials say projected loan growth will likely be driven by a sustained demand for goods and services despite prospects of elevated interest rates for a…
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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 Manila International Airport Authority (MIAA) once again issued a warning to all air travelers about the unauthorized rate cards being used by colored taxi…
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The country's jobless rate fell to its lowest level in almost 20 years in October as local employers hired more staff for the holiday season, the Philippine…
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Consumers experienced a slight relief from inflation last November as prices increased more slowly than in October, the Philippine Statistics Authority said on…
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Union Bank of the Philippines raised P18.168 billion from its dual peso fixed-rate bond issuance, the bank's biggest bond program so far.
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Gold hit a fresh record Monday on growing optimism that the Federal Reserve will cut interest rates in the new year, with traders shrugging off boss Jerome…
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