Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said around $50-billion, or ₱3-trillion, worth of Philippine government bonds are eligible for inclusion in JPMorgan Chase & Co.’s emerging-market (EM) index, a move that could attract billions of dollars in additional foreign...
Philippine thrift banks are backing a central bank proposal to impose a ₱1 billion minimum capital requirement on lenders with highly digital business models, even as the industry continues to prioritize traditional brick-and-mortar growth. Chamber of Thrift Banks (CTB) Convention Committee...
Money sent home by overseas Filipinos (OFs) fell to $2.71 billion in May, dropping to its lowest level in a year and signaling that growth may be losing steam amid renewed deployment risks stemming from the Middle East conflict. The latest Bangko Sentral ng Pilipinas (BSP) data released on...
Elite volleyball returns to the City of Candon as the top six volleyball nations in region battle for honors in Week One of the Southeast Asian Volleyball Cup (SEA V Cup) starting on Wednesday, July 15. The core of the Alas Pilipinas squad who made waves at the FIVB Men’s Volleyball World...
Philippine banks’ and e-wallets’ decision to waive or lower their interbank InstaPay and PESONet transfer fees has already boosted transaction volumes by up to 50 percent, a senior Bangko Sentral ng Pilipinas (BSP) official revealed. BSP Deputy Governor Mamerto E. Tangonan said in a One News...
Elevated energy costs, weak investment, and softer domestic demand are slowing the Philippines’ recovery from its recent growth slump, according to Singapore-based United Overseas Bank Ltd. (UOB), warranting continued monetary policy tightening by the Bangko Sentral ng Pilipinas (BSP). In its...
Following the rollout of contactless fare payments on Light Rail Transit Line 2 (LRT-2), the government is targeting the launch of the same system on LRT-1 to ease payment bottlenecks and address ticket and Beep card shortages. Starting on Monday, July 13, LRT-2 commuters may use Visa or Mastercard...
A resurgence in global energy prices is poised to test the resilience of the peso, though aggressive monetary policy from the Bangko Sentral ng Pilipinas (BSP) will likely insulate the currency from extreme volatility, according to DBS Bank. DBS senior economist Radhika Rao wrote in a commentary...
Mike Phillips has opted out of his MPBL team San Juan Knights amid interests from overseas leagues following his impressive performance with Gilas Pilipinas in the 2027 FIBA World Cup Asian qualifiers. The 6-foot-8 athletic forward had already reached out to the Knights management through a letter,...
Binibining Pilipinas pageant showcases Filipino ingenuity and world-class designs during its highly anticipated National Costume Competition, held at the New Frontier Theater on July 2, 2026. Fresh off from the excitement at the recently concluded Gala Night in Novotel Manila Araneta City, and the...
It 's confirmed: Kai Sotto and Rere Madrid are expecting a baby boy. On an Instagram post on Friday, July 10, Kai shared a video of the couple 's gender reveal celebration, where he and wife Rere were joined by their friends and loved ones to mark another milestone in their journey to...
Filipino-American Jordan Clarkson is all geared up for New York 's title defense after he signed a one-year extension with the Knicks, the team announced Friday, July 10. Clarkson, 34, inked a $3.9 million (more than P220 million) deal to stay with the Knicks who are fresh off a championship...
