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.
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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.
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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 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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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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The peso exchange rate opened at P58.25 against the dollar and strengthened at P58.09 before closing at P58.22 on Thursday.
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'The peso was stronger after the local stock market gained for the third straight day partly due to continued overnight gains in the US stock market and…
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The peso on Thursday opened at 58.92, slumped to 59.00, bounced back to 58.92, and closed at 58.94, with a trading volume totaling $707.45.
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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 peso exchange rate is stronger against the U.S. dollar for the second day in three trading days, by 0.09 or 0.2 percent, to close at 56.77 on Tuesday.
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The peso exchange rate slightly weakened against the dollar by 0.04 or 0.1 percent to close at 56.86 on Monday on the latest hawkish pronouncement by the…
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The peso closed marginally weaker against the dollar for the third straight day, reaching a new record low of P 57:$1.
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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…
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