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...
Kadiwa stores in the country play an important role in the lives of Filipinos in need amid inflation, a central bank official said. Through a statement issued by the Presidential Communications Office (PCO), Bangko Sentral ng Pilipinas (BSP) monetary board member Bruce Tolentino stressed the...
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...
Bangko Senrtral ng Pilipinas  (BSP) officials and Parañaque City Mayor Eric Olivarez led the launching of the PalengQR Ph Plus in the city on Thursday, April 20. Olivarez said the BSP team, led by Ellen Ramos of the BSP financial inclusion office, introduced and proposed the launching of...
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...
On the heels of the disappointing news that the inflation rate had risen even higher to 8.7 percent in January – beyond the Bangko Sentral ng Pilipinas’ forecast range of 7.5 to 8.3 percent, and the government’s target range of two to four percent – there was a vital piece of good news on...
The Bangko Sentral ng Pilipinas (BSP) has confirmed that the third party auditor contracted by the Philippine Amusement and Gaming Corp. (PAGCOR) for Philippine Offshore Gaming Operators (POGOs) submitted spurious documents, Sen. Sherwin Gatchalian said on Friday, February 10. Gatchalian said this...
