The Bangko Sentral ng Pilipinas (BSP) is on track to issuing its own central bank digital currency (CBDC) sooner than anticipated after announcing the conclusion of the proof-of-concept phase by the end of this year. When asked if he can reconfirm if the BSP will be able to launch the CBDC within...
The Financial Stability Coordination Council (FSCC) sees substantial refinancing of maturing corporate bonds and loans this year as it weighs the impact of 'fresh uncertainties' overseas on the domestic economy. FSCC is an inter-agency council where the principals from the Bangko Sentral ng...
The Financial Stability Coordination Council (FSCC), which is led by the Bangko Sentral ng Pilipinas (BSP), is placing the strengthening the Philippine corporate bond market high on its list of priorities for 2024. The FSCC includes the Department of Finance, the Insurance Commission, the...