
BPI cuts InstaPay interbank transfer fee to P10
Bank of the Philippine Islands (BPI) lowered the fee for InstaPay interbank fund transfers from P25 to P10.
· 1 min read
Topic

Bank of the Philippine Islands (BPI) lowered the fee for InstaPay interbank fund transfers from P25 to P10.
· 1 min read

The country's manufacturing sector grew slower in February as factories' new orders continued to increase moderately in seven months, a report by S&P…
· 2 min read

The country posted lower net outflows of foreign investments in January at $283.69 million from $487.37 million in December last year, the Bangko Sentral ng…
· 1 min read

In quantum mechanics, Erwin Schrödinger proposed a thought experiment… to explain the behavior of atoms and how it may be possible for them to be…
· 2 min read

Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
· 2 min read

Gold holdings account for about 10 percent of the country’s gross international reserves
· 2 min read

Newly appointed undersecretary for the Presidential Communications Office (PCO), Atty. Claire Castro, criticized former President Rodrigo Duterte’s claim that…
· 3 min read

The Bangko Sentral ng Pilipinas (BSP) on Monday refuted former president Rodrigo Duterte's statements that President Ferdinand "Bongbong" Marcos Jr. stole and…
· 1 min read

Officials discovered undeclared foreign currency, including Japanese yen, euros, and Kuwaiti dinars, amounting to approximately P6.6 million.
· 1 min read

A lower reserve requirement ratio (RRR) enables banks to lend more of their funds to clients in a cost-efficient manner. The new RRRs will take effect starting…
· 2 min read

Analysts expressed worries over the ballooning balance of payments (BoP) deficit that reached an 11-year high $4.1 billion in January, data from the Bangko…
· 1 min read

The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
· 2 min read

BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
· 2 min read

‘Fintech companies have become alternatives to providing credit, especially to members of the informal sector who may not want to go to the bank formally…
· 2 min read

Steady rate should drive higher economic growth through loan-based consumption of goods and services by households and businesses while keeping inflation rates…
· 2 min read

Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
· 1 min read
The country’s net inflows of foreign direct investments (FDI) grew by 4.4 percent to $8.6 billion in the first 11 months of last year compared to the same…
· 2 min read

The Palawan Group of Companies (PGC) is collaborating with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy and foster responsible currency…
· 3 min read

