The Bangko Sentral ng Pilipinas (BSP) is proposing to streamline the licensing and relax the independence requirements for securities custodians to increase the number of capital market players. The BSP wants to delete the term “third party” that refers to third party custodianship, and the...
Photo from Chooks 3x3 Butuan City-Uling Roasters bagged the third leg of the Chooks-to-Go Pilipinas 3x3 President’s Cup Sunday night with a hard-fought 21-20 win over Pasig-Sta. Lucia at the Inspire Sports Academy in Calamba, Laguna. Franky Johnson hit the winning two-point shot with 27 seconds...
Angelo Kouame (UAAP Images) Senator Juan Edgardo “Sonny” Angara has filed a bill endorsing the entry of Angelo Kouame to Gilas Pilipinas and also sought to grant him Philippine citizenship. Angara, who filed Senate Bill No. 1892, said the move is part of the country’s ongoing efforts to...
Photo from Chooks 3x3 Zamboanga City-Family’s Brand Sardines expects stiff competition when it goes for another win in the third leg of the Chooks-to-Go Pilipinas 3x3 President’s Cup on Sunday inside the Inspire Sports Academy in Calamba, Laguna. The team of Joshua Munzon, Alvin Pasaol, Santi...
The Philippines dropped a pair of 2.5-1.5 defeats to Southeast Asian powerhouse Indonesia on Saturday to kiss its title bid goodbye in the women’s section of the Asian Nations Online Chess Cup. The Filipinas were just no match for the second-seeded Indonesians as they could not pull off the same...
Zamboanga City-Family’s Brand Sardines made it two in a row Friday night after defeating Nueva Ecija, 21-11, in a heated title affair to capture the second leg of the Chooks-to-Go Pilipinas 3x3 President’s Cup at the Inspire Sports Academy in Calamba, Laguna. Alvin Pasaol and Santi Santillan...
Photo from WGM Janelle Mae Frayna's Facebook page The Philippines routed Sri Lanka in two matches to advance in the semifinals in the women’s division of the Asian Nations Online Chess Cup 2020 Friday. Woman Grandmaster Janelle Mae Frayna and Woman International Masters Jan Jodilyn Fronda and...
The central bank is requiring banks to submit a quarterly report on appraised commercial properties (QRACP) to be used for its price monitoring of commercial real estate. The Bangko Sentral ng Pilipinas (BSP), in a new memo or Circular No. 1102, said the QRACP will be the groundwork to generate a...
The Bangko Sentral ng Pilipinas (BSP) will not be issuing its own central bank digital currency (CBDC) in the next three or five years, according to its highest-ranking official. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. (Bloomberg file photo) When asked if the BSP could come...
To comply with the reserve requirement, banks have released P14.9 billion more loans to micro, small and medium enterprises (MSME) for the month of September alone, based on Bangko Sentral ng Pilipinas (BSP) data. MB file photo. This brings the average daily balance of bank loans to MSMEs to P120.9...
Alvin Pasaol and the rest of the Zamboanga City-Family's Brand Sardines squad are out to prove their first leg triumph is no fluke. (Photo from Chooks 3x3) Zamboanga City-Family’s Brand Sardines is out to continue its dominance while Nueva Ecija won’t be having Juan Gomez de Liano on Friday in...
Mark Paragua. (File Photo) The Philippines shoots for semifinal berths on Friday when it clashes with Kazakhstan in the men’s division and Sri Lanka in the women’s side of the Asian Nations Online Chess Cup 2020. The PH men’s team took the second seeding after a strong performance in the...