As prime movers of a country’s economy, financial institutions thrive on public trust and confidence. Individuals and organizations entrust the safekeeping of their money to banks that also provide loans to support the growth and viability of business enterprises. At all times with or...
A multi-sectoral network that advocates for learning continuity amid calamities and disasters called on the government to prepare for the resumption of limited face-to-face classes in schools located in Modified General Community Quarantine (MGCQ) areas. Students attend face-to-face classes before...
Debt-watcher S&P Global’s affirmation of the Philippines’ investment grade status is a vote of confidence in the country’s medium-term growth prospects despite challenges posed by COVID-19, the government’s chief economic manager and central bank governor said. Finance Secretary Carlos...
From the standpoint of the Bangko Sentral ng Pilipinas (BSP), the current COVID-19 pandemic is a “most opportune teachable moment.” Despite disrupting the rhythm and tempo of Filipinos’ daily lives, the acceleration of digital transformation has also fast-tracked their ability to comprehend...
Gilas Pilipinas 3x3 players CJ Perez, Alvin Pasaol, Moala Tautuaa, Joshua Muzon and Leonard Santillan. (FIBA Photo) Gilas Pilipinas 3x3 coach Ronnie Magsanoc has announced Tuesday his official 4-man roster for the FIBA 3x3 Olympic Qualifier (OQT) set May 26 to 30 in Graz, Austria. Magsanoc named...
The Kilusang Magbubukid ng Pilipinas (KMP) has batted for a P15,000-subsidy for farmers and fishermen following the approval the House of Representatives on second reading the proposed Bayanihan 3, the government's third economic stimulus package. In a statement, the KMP called out the House of...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said they are about to issue “second-phase regulation” to make the banking sector more responsive to risks in transitioning to a low-carbon economy including climate change scenarios. “Banks may gradually consider the future...
The Bangko Sentral ng Pilipinas (BSP) has issued the guidelines on the management of liquidity risk by Islamic banks and Islamic banking units (IBUs) to attract investments and consumer interests in Islamic banking and finance. The Monetary Board approved Circular No. 1116 Tuesday, (May 25) which...
Jordan Clarkson, top left, with his Gilas Pilipinas teammates during the 2018 Asian Games in Indonesia. (MB File Photo) Filipino basketball fans here and abroad celebrated the achievement of Utah Jazz guard Jordan Clarkson after he was named the 2020-21 NBA Sixth Man of the Year. Samahang Basketbol...
The Bangko Sentral ng Pilipinas (BSP) said it has processed some P42.8 billion worth of local government unit (LGU) loans in the last half of 2020. All LGUs must send requests for Monetary Board opinion before they could transact their planned domestic borrowings. For the second semester of 2020,...
The Philippine government was told for the nth time to step up its crackdown versus foreign poachers in the West Philippine Sea. Such a call was made in response to China’s annual three-and-a-half-month fishing ban in the South China Sea, which covers the Philippines’ exclusive economic zone...
Photo from SBP Naturalized player Angelo Kouame said that after years of waiting, he can now concentrate on playing basketball as Gilas Pilipinas prepares for two important FIBA-sanctioned tournaments next month. The naturalization paper of Kouame was signed into law last week by President Rodrigo...
