
Bank, non-bank resources rise to P34.6T in July
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…
· 1 min read
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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…
· 1 min read

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…
· 1 min read

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 Department of Agriculture (DA) is considering an extension of the rice importation moratorium implemented by President Ferdinand Marcos Jr., citing recent…
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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 Department of Public Works and Highways (DPWH) has teamed up with several government agencies to trace and recover properties possibly linked to the…
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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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Lifestyle checks on government officials and employees suspected of involvement are ongoing, including putting them on a travel watch list.
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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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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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Cash remittances from overseas Filipinos (OFs) reached US$3.18 billion in July, up 3 percent from the US$3.08 billion recorded in the same month last year, the…
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Bangko Sentral ng Pilipinas data showed the country’s BoP with a $2.6-billion deficit in April to June, reversing the $1.2-billion surplus recorded in the same…
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