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The Bangko Sentral ng Pilipinas (BSP) is more confident inflation will stay within the target band of two percent to four percent for the rest of the year after a “temporary uptick” in July. In a statement Thursday, Sept. 5, following the government’s announcement of a 3.3 percent August...
House Speaker Martin Romualdez (left), former president Rodrigo Duterte (Facebook, Malacañang photo) This will be the boldest Bagong Pilipinas Serbisyo Fair (BPSF) yet. The all-encompassing public service caravan--which is very much identified with...
The Bangko Sentral ng Pilipinas (BSP) registered unrealized gains of P815.36 billion as of end-February this year due in part to its participation in the peso-US dollar spot market. BSP’s unrealized gains which under the BSP law is referred to as revaluation of foreign currency accounts, is 33.35...
Veteran banker Jose L. Querubin will take his oath of office on Thursday, Sept. 5, as the seventh member of the Monetary Board, the top policymaking body of the Bangko Sentral ng Pilipinas (BSP). Jose L. Querubin (Photo credit: Gawad Kalinga Canada) BSP Governor Eli M. Remolona Jr....
Consumers will have to bear new round of financial strain this week on their daily drive to work as gasoline prices will rise by P0.50 per liter; and diesel by P0.30 per liter, based on the pricing advisories of the oil companies. Kerosene, which is the other commodity in the triumvirate of weekly...
Dutch financial giant ING expects the Bangko Sentral ng Pilipinas (BSP) to continue cutting interest rates, given favorable inflation expectations for August and beyond. "Even though there is no evidence yet that the July tariff cuts have had much impact on consumer rice prices, the absence of any...
BACOLOD CITY – A total of 210 local officials from Negros Island Region (NIR), including 14 mayors, recently joined Partido Federal ng Pilipinas (PFP), the political party of President Ferdinand R. Marcos Jr. A TOTAL of 210 local officials from Negros Island Region (NIR) were sworn in as...
The controversy surrounding Bangko Sentral ng Pilipinas' (BSP) decision to terminate its contract with its current card supplier for the issuance of the National IDs has now caught the eye of the Senate, with a probe looming on the horizon. It has crossed Senate Minority Leader Aquilino "Koko"...
While warning that the country braces for energy transition that will be expensive, Energy Secretary Raphael P.M. Lotilla has appealed to banks and other financial institutions for longer tenor on loans that will be funneled to power projects across technologies as a way to soften cost impact on...
The Philippine Statistics Authority (PSA) said it is taking necessary measures to ensure the uninterrupted issuance of National IDs following the Bangko Sentral ng Pilipinas' (BSP) decision to terminate its contract with the current card supplier. In a statement on Thursday, Aug. 29, PSA...
President Marcos has lauded the Bangko Sentral ng Pilipinas (BSP) for its service to the Filipino people, especially in paving the way for the Philippines to have better infrastructure, healthcare, and education. 75 YEARS — President Ferdinand 'Bongbong' Marcos Jr. congratulates Bangko Sentral ng...
