My colleagues and I—alumni of the Bangko Sentral ng Pilipinas (BSP), the Department of Finance (DOF), and the financial markets beats—almost always look forward to having lunch or dinner with the premier resident of Room 501. Yes, Virginia, it’s always a privilege to have up-close and...
Roughly one in three senior banking officials expects corporate credit demand to increase in the third quarter of the year as business clients seek additional financing to expand operations, according to a survey released by the central bank. The Bangko Sentral ng Pilipinas (BSP) reported that...
Alas Pilipinas begins its quest for a fitting start when it battles host Vietnam in the opener of the 2026 SEA Women’s V Cup (formerly V.League) at the Đông Anh Gymnasium in Hanoi Friday, July 31. Fueled to better their bronze-medal finish last year, the Nationals, captained by Jia De Guzman,...
Blackwater star guard Sedrick Barefield said it would be a dream come true for him if he actually makes it to the final lineup of the Gilas Pilipinas national team for the 2026 Asian Games in Nagoya, Japan in September. Barefield was announced by Samahang Basketbol ng Pilipinas executive director...
A “triple threat” of crude oil prices topping $80 per barrel, Metro Manila’s ₱85 daily wage hike, and severe El Niño conditions could push third-quarter Philippine inflation back to levels seen during the height of the Middle East crisis and prompt the Bangko Sentral ng Pilipinas (BSP) to...
The Bangko Sentral ng Pilipinas (BSP) has increased the maximum transaction limit for InstaPay for Business tenfold—from ₱50,000 to ₱500,000—a move expected to streamline commercial transfers across the country. The cap increase is part of a suite of new digital payment services launched on...
Philippine entities have until the end of September this year to submit their foreign borrowing plans for the fourth quarter, the Bangko Sentral ng Pilipinas (BSP) reminded. “Submission is required for resident entities planning to obtain medium- and long-term foreign loans or borrowings from...
The Bangko Sentral ng Pilipinas (BSP) cautioned the public against transacting with Bangko Maharlika Ltd., an entity currently operating under the name “The Bank of Humanity,” stating that the firm lacks the legal authority to conduct financial services in the country. In an advisory issued...
Kai Sotto remains uncertain with his commitment to the national team program as the Samahang Basketbol ng Pilipinas prepares for major international tournaments in the next few months. Despite this, Samahang Basketbol ng Pilipinas (SBP) executive director Erika Dy is still supporting the 7-foot-3...
Gilas Pilipinas will be missing some of its mainstays in Dwight Ramos and AJ Edu for its title defense in the 2026 Aichi-Nagoya Asian Games in September. Samahang Basketbol ng Pilipinas executive director Erika Dy confirmed the absence of the two players due to conflict of schedule with their...
The Gilas Pilipinas 3x3 U23 squad braces for a grueling schedule by rolling out its plans of expanding the national pool as both the Asian Games and the FIBA 3x3 U23 World Cup take place in September. Following their triumph in the FIBA 3x3 Nations League Asia 2 in Petaling Jaya, Malaysia earlier...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Philippine peso’s recent fall to its weakest level on record was “misleading,” citing the tremendous strength of the United States (US) dollar against major currencies. Last Friday, July 24, the peso sank to a fresh...