BSP Governor Eli M. Remolona Jr. Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has confirmed that another cut in borrowing costs is possible at the upcoming April 10 monetary policy meeting, potentially bringing the key policy rate down to 5.5 percent. “When we think...
The peso's recent relative strength against the US dollar would unlikely last for long amid external and domestic threats, according to Singapore-based United Overseas Bank (UOB). While the local currency had traded flat against the US dollar year-to-date as of the first week of this month, "the...
Foreign direct investments (FDIs) in the Philippines fell short of the $9 billion target as net inflows remained largely unchanged in 2024, with December net inflows dropping to its lowest level in 11 years, according to the central bank. Bangko Sentral ng Pilipinas (BSP) data showed that net FDIs...
Filipinos receiving and sending money from overseas lost an estimated total of ₱8.37 billion in 2023 to "hidden" fees charged by banks and money remittance centers on foreign currencies, according to findings from transparency research commissioned by global fintech firm Wise. Kristo Käärmann,...
Las Piñas City lone district Rep. Camille Villar (center) (Rep. Villar’s office) Alyansa para sa Bagong Pilipinas senatorial candidate Las Piñas City lone district Rep. Camille Villar can't help but feel honored for her inclusion among the ranks...
An emotional Senator Ramon “Bong” Revilla, Jr. thanked overseas Filipino workers (OFWs) in Singapore during his recent visit in the country. Overseas Filipino workers (OFWs) in Singapore flock to see Sen. Ramon "Bong" Revilla Jr. when the senator made a spontaneous visit to the bustling...
Alansya para sa Bagong Pilipinas campaign rally in Pili, Camarines Sur (Rep. Villafuerte's Facebook) Camarines Sur 2nd district Rep. Lray Villafuerte believes that the administration-backed Alyansa para sa Bagong Pilipinas senatorial slate...
Makati City Mayor Abby Binay (left), Benhur Abalos (Mayor Binay's office, Facebook) The Alyansa para sa Bagong Pilipinas senatorial ticket barnstormed over the weekend the Bicol region--an area frequented by typhoons--as the administration...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) If ACT-CIS Party-list Rep. Erwin Tulfo would have his way, he would have several people jailed for the collapse of the Cabagan-Santa Maria Bridge, including the bridge's designer and contractor....
ACT-CIS Party-list Rep. Erwin Tulfo (left), Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) PILI, Camarines Sur--ACT-CIS Party-list Rep. Erwin Tulfo is supporting Camarines Sur 2nd district Rep. Lray Villafuerte's call for a...
The Bangko Sentral ng Pilipinas (BSP) announced the country's Gross International Reserves (GIR) reached $106.7 billion at end-February 2025, driven by foreign investments and gold valuations. The Philippines’ gross international reserves (GIR) increased to $106.7 billion, or about ₱6.1...
(MANILA BULLETIN) PILI, Camarines Sur--Senatorial candidate Makati City Mayor Abby Binay has raised the need to increase funding for the state weather bureau, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA)....
