President Ferdinand "Bongbong" Marcos Jr. has led the launching of commemorative coins for the 125th anniversary of the Philippine independence and nationhood, which, he said, show how far the country have gone. (Photo courtesy of BSP) Marcos joined Bangko Sentral ng Pilipinas (BSP) Governor...
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said the bank's new commemorative coins promote cultural heritage and pride in Filipinos' shared history. *Rendered images of the Bangko Sentral ng Pilipinas (BSP)'s 125th Philippine Independence and Nationhood commemorative coin set. (BSP)*...
Senator Sherwin Gatchalian on Thursday, May 11 said consumers should invoke provisions of Republic Act No. 11765 or the Financial Products and Services Consumer Protection Act to hold financial institutions accountable for any fraudulent financial transactions. Gatchalian made the call...
Senator Ramon ‘’Bong’’ Revilla Jr. on Tuesday, May 9, urged the Bangko Sentral ng Pilipinas (BSP) to enforce measures demanding greater transparency and reliability from e-wallet service providers immediately following reports of a "massive and widespread fund loss’’ on GCash accounts...
Senator Sherwin Gatchalian has urged Congress to pursue the passage of a measure that would help more Filipinos become knowledgeable and skilled in handling their personal finances for their future. Gatchalian, who filed Senate Resolution No. 569, said he finds the results of the 2021...
WASHINGTON, United States (AFP) -- The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability....
The Bangko Sentral ng Pilipinas (BSP) has approved the guidelines on how it will mediate and adjudicate financial consumers’ complaints based on provisions under Republic Act No. 11765 or the Financial Products and Services Consumer Protection Act (FCPA). BSP Governor Felipe M. Medalla said...
Senator Sherwin Gatchalian said he believes the privatization of key government assets is a more logical source for the proposed Maharlika Investment Fund (MIF). Gatchalian said doing this would shield key financial institutions, particularly the Bangko Sentral ng Pilipinas (BSP), from potential...
The year 2023 has been acknowledged by the International Monetary Fund as a year of global economic recession that would hit one-third of the world’s economy. The economic difficulties have been brought about by Russia’s war in Ukraine, causing oil prices to rise to historic levels, disrupting...
Civil Service Commission (CSC) Chairperson Karlo Nograles urged civil servants to avail themselves of the financial education program to be offered soon by the agency. Civil Service Commission (CSC) Chairman Karlo Alexei Nograles (Senate PRIB Photo) Nograles made the statement during the Bangko...
Satellite technology has gone a long way from just providing internet connection in far-flung areas as it is now aimed at educating people about financial literacy. PhilSA Space Missions Control and Operations Division Science Research Specialist I Engr. Vench Learry Angulo running diagnostics...
The Bangko Sentral ng Pilipinas (BSP) has authorized the government to borrow $3.54 billion from foreign creditors in the second quarter of this year. The new approved public sector foreign borrowing is 26 percent higher than the $2.80 billion borrowing in the second quarter last year. But it is 26...
