Finance Secretary Frederick D. Go assumed his seat on the Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board on Thursday, Jan. 8. Go, who was designated by President Ferdinand Marcos Jr. as the Cabinet representative to the board, was sworn in by BSP Governor Eli Remolona Jr. at the...
A group of education workers on Wednesday, January 7, branded the Marcos administration’s 2026 national budget as “Binigong Pilipinas,” criticizing what it said were misplaced spending priorities that favor "pork barrel" allocations over education, teachers’ salaries, and basic social...
The Bangko Sentral ng Pilipinas (BSP) has recognized the Securities and Exchange Commission (SEC) for implementing innovative programs that promote financial education among Filipinos. The Commission received the recognition as one of the BSP’s innovative financial education partners, an award...
Coal Asia Holdings Inc. is seeking to more than double its capital to facilitate a ₱6.64 billion share swap, a move that will allow Tubig Pilipinas Group Inc. to go public through a backdoor listing. In regulatory filings with the Philippine Stock Exchange, Coal Asia said the miner plans to...
The Bangko Sentral ng Pilipinas (BSP) should hold its benchmark interest rate steady despite cooling economy and stable inflation, as further easing risks being perceived as reactive attempt to shore up flagging confidence and currency stability, according to GlobalSource Partners. In a Dec. 22...
The Bangko Sentral ng Pilipinas (BSP) is intensifying its warnings to the public regarding a sophisticated fraudulent activities that misappropriate the central bank’s name, logo, and the signatures of its top officials to legitimize illegal financial schemes. In an advisory released on Tuesday,...
The National Telecommunications Commission (NTC) ordered internet service providers to immediately block access to 50 online trading platforms operating without authorization from the central bank amid crackdown on unregulated financial services. In a statement, the NTC said its directive follows...
Department of Education (DepEd) Secretary Sonny Angara reaffirmed his commitment to sustained reforms in the basic education sector as a growing network of organizations from the public, private, and advocacy communities expressed strong support for DepEd and its ongoing initiatives. In a statement...
The amount of money circulating in the economy expanded significantly, but that increased liquidity failed to prevent the country’s major banks from posting their weakest loan growth in more than a year. Data from the Bangko Sentral ng Pilipinas (BSP) showed that lending by universal and...
The Bangko Sentral ng Pilipinas (BSP) now expects the Philippine economy to expand below five percent this year, citing the erosion of investor confidence stemming from concerns over the governance of the government 's flood control fund. BSP Governor Eli M. Remolona Jr. told reporters on the...
The Bangko Sentral ng Pilipinas (BSP) warned that the recent plunge of the peso, which has hit new lows, could reignite inflation despite projections that the November rate would settle below the central bank’s target band The BSP on Friday, Nov. 28, cited “higher electricity and oil prices,...
Kymani Ladi remains committed to play for the national team despite the circumstances surrounding his entry in the 33rd Southeast Asian Games. With Ateneo’s UAAP Season 88 campaign officially over, Ladi has set his sights on a possible stint with Gilas Pilipinas in the biennial event Thailand is...
