The central bank’s auction of 28-day securities fetched a higher rate on Friday, it remained oversubscribed as the only 28-day offering this week after the Bangko Sentral ng Pilipinas (BSP) put aside the 28-day term deposit facility (TDF). The BSP bills received P129.1 billion tenders...
GM John Paul Gomez The Philippines yielded to nemesis Australia, 3-1, but remained in quarterfinal contention after eight rounds in the men’s side of the Asian Nations Online Chess Cup on Friday. Grandmaster Mark Paragua averted a shutout by carving out a win over GM Anton Smirnov on Board 1,...
Photo courtesy of Chooks 3x3 All of the players and staff that went into Chooks-to-Go Pilipinas 3x3's "Calambubble" in Inspire Academy have tested negative for the coronavirus (COVID-19). This was the report of league commissioner Eric Altamirano, Thursday afternoon. "We are glad to announce that...
The Philippines’ stock of foreign assets and US dollar reserves have passed the $100 billion mark at $100.49 billion as of end-September, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said Thursday. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno Based on preliminary...
Mark Paragua. (File Photo) The Philippines seeks to keep its grip of the lead as it clashes with the fancied Iran in the fourth round of the men’s division of the Asian Nations Online Chess Cup 2020 Friday. The Filipinos, who have blitzed past Palestine, Syria and Thailand, have six match points...
Cash remittances sent by overseas Filipinos via the banking system declined to $19.285 billion as of end-August, 2.6 percent lower than same period last year of $19.808 billion, the Bangko Sentral ng Pilipinas (BSP) reported Thursday. For the month of August only, bank-channeled remittances were...
Greg Slaughter (MB File Photo) Gilas Pilipinas program director Tab Baldwin sees Greg Slaughter as a key figure if the 7-footer dons the national colors for FIBA competitions in the immediate future. Though nothing is set in stone, Slaughter has already impressed Baldwin with social media videos of...
Gabe Norwood during the media availability at Quest Hotel. (PBA Images) CLARK FREEPORT--Rain or Shine's Gabe Norwood and TNT's Troy Rosario said their Gilas Pilipinas stints have absolutely helped them to keep up with the grind in the compressed PBA Philippine Cup under a bubble setup.  The...
Gilas Pilipinas program director Tab Baldwin. (Fiba Images) Collegiate players will likely fill up the void left by their professional counterparts if Gilas Pilipinas gets to compete in the planned second window of the 2021 FIBA Asia Cup Qualifiers next month. There’s still no word on where the...
Vehicle-owners using diesel fuel will need to pay more at the pumps this week as the price of this commodity had gone up by P0.45 per liter, according to the pricing adjustment advisories sent by the oil companies. For gasoline products, there will be a rollback of P0.10 per liter; while kerosene...
Economists from Japan-based MUFG Bank Ltd. see continued strong peso vis-à-vis the US dollar despite the pandemic-induced economic recession and increasing COVID-19 cases which is the highest in the region. MUFG analyst Sophia Ng for Global Markets Research forecasts the peso to keep its strength...
An applicant digital bank in the Philippines will be required to have a minimum capitalization of P1 billion, according to a revised Bangko Sentral ng Pilipinas (BSP) proposed guidelines on the setting up of digital banks. This was higher than earlier proposed of P400 million for a basic digital...
