CAVITE - Governor Jonvic Remulla appealed anew to the Department of Health (DOH) to send more vaccines to Region 4-A local government units (LGU) amid the surging pandemic. In a Facebook post on Tuesday (August 17), Remulla attached a graphic illustration showing the disparity between the total...
Governor Daniel R. Fernando has ordered the strict implementation of the Modified Enhanced Community Quarantine (MECQ) protocols in the province from August 16 to 31, 2021. Fernando issued Executive Order No.30, Series of 2021, detailing the guidelines for the strict implementation of MECG which is...
The Bangko Sentral ng Pilipinas (BSP) has identified the Philippine Peso Real-Time Gross Settlement (PhP-RTGS) payment system, which it owns and operates, as a systemically important payment system (SIPS). This means the PhP-RTGS as SIPS is a payment system “which poses or has the potential to...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said there is no target or limit in their green bonds investments as part of its strategic asset allocation (SAA). The SAA is applied to the country’s accumulated $106.5-billion gross international reserves (GIR), which Diokno said...
The Philippine Consulate in Honolulu has conveyed its appreciation to the State of Hawaii’s decision to include the Philippines in its Safe Travels Program that allows Filipino travelers to the island-state to bypass its mandatory 10-day quarantine period. Consul General Joselito Jimeno conveyed...
LAGUNA - Governor Ramil L. Hernandez reminded his constituents to stay at home now that the province has been placed under the enhanced community quarantine (ECQ) from August 6 to 15. In a Facebook post, Hernandez said outside travel will be limited to accessing essential goods and services and...
The Bangko Sentral ng Pilipinas (BSP)-led Financial Stability Coordination Council (FSCC) will run its first report on the macroprudential stress test (MaPST) in the next two-three weeks to help financial regulators to have a more granular assessment of emerging systemic risks amid the COVID-19...
The Bangko Sentral ng Pilipinas (BSP) has renewed a P540-billion provisional advances to the National Government for its fight against the COVID-19 pandemic, the fourth time that the Monetary Board extended the crisis response. BSP Governor Benjamin E. Diokno announced Thursday (July 15) that the...
Cash remittances sent home by Overseas Filipinos increased by 6.3 percent year-on-year as of end-May to $12.280 billion from $11.554 billion in 2020, the Bangko Sentral ng Pilipinas (BSP) reported Tuesday. For the month of May only, cash remittances which are transferred via banks and are easily...
The Bangko Sentral ng Pilipinas (BSP) said it is improving its stress testing exercises to make it more granular to strain each banks’ risks or exposures. The BSP in a report said it could be crucial to have a more granular review and assessment of the COVID-19 pandemic’s impact on individual...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said Thursday, (July 1) that the Philippines will actively pursue its exit from the ‘grey list’ of the global anti-money laundering watchdog, Financial Action Task Force (FATF), and will closely monitor its impact on the economy....
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Monday reiterated his call for a more prominent Asia regional stance when it comes to discussions of global systemic risks amid the pandemic-cum-recession woes. Diokno made this statement after he was appointed for a second term as...
