The Bangko Sentral ng Pilipinas (BSP) has extended for the third time the temporary relief measures for its rediscount facilities until January 31 next year. The previously granted temporary measures lapsed on September 30. This is the third time that a fixed rediscount term as relief to banks has...
Big banks’ outstanding loans in August grew by only by 4.7 percent year-on-year, a significant low number compared to 6.7 percent in July, the Bangko Sentral ng Pilipinas (BSP) said Friday. “Bank lending growth continued to moderate as a result of weaker corporate sector performance,...
The Bangko Sentral ng Pilipinas (BSP) has approved the National Government’s request for a P540 billion advances for budget gap financing due to COVID-19 pandemic expenses. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno ( Bloomberg file photo) BSP Governor Benjamin E. Diokno said...
MB File The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has decided to leave the key policy rate or overnight reverse repurchase (RRP) rate unchanged on Thursday, citing continued appropriate policy settings and benign inflation. In the same meeting, the seven-member BSP...
TV5 strengthens its commitment to upholding the highest standard for broadcast news reporting as it launches "Frontline Pilipinas," the newest evening newscast covering the most relevant headlines locally and around the globe. Frontline Pilipinas will air on weekdays starting Monday, Oct. 5, and is...
One of the candidates in the Miss Universe Philippines 2020 beauty pageant has tested positive for COVID-19. Maria Isabela B. Galeria who is representing Sorsogon made the revelation on Instagram on Sunday Sept. 27. Her admission came as the national beauty pageant kicked off its eight-episode...
The local economy’s external exposure as net external liability position was better in the last quarter of 2019 at P1.7 trillion or 24 percent lower than P2.2 trillion in 2018, the Bangko Sentral ng Pilipinas (BSP) said in its first Philippine Balance Sheet Approach (BSA) report. The BSP said the...
Ros Pedrosa had to adjust his swing for the heavier airshuttle. Two members of Smash Pilipinas were able to try out the outdoor variation of badminton, the air badminton. Ros Pedrosa and Sarah Barredo figured in a short mixed game held at the parking lot of Vista Real Classica Clubhouse in Quezon...
What's up Binibinis? The reigning Bb. Pilipinas queens - Miss Universe Philippines Gazini Ganados, Bb. Pilipinas International Patch Magtanong, Bb. Pilipinas Intercontinental Emma Tiglao, Bb. Pilipinas Supranational Resham Saeed, Bb. Pilipinas Globe Leren Mae Bautista, and Bb. Pilipinas Grand...
The country’s external debt service burden was down by 17 percent end-June to $3.983 billion from $4.80 billion same time last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Debt service burden is principal and interest payments on both the public and private sector debts...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said the central bank’s ability to issue its own securities will improve both liquidity and inflation control, especially after infusing over P1.4 trillion of money supply in the financial system since the pandemic began. Benjamin...
Because of the pandemic and temporary suspension of some of its open market facilities, the Bangko Sentral ng Pilipinas (BSP) earned less in the second quarter, reducing its six-month net income to P13.714 billion or 54.1 percent lower than same time in 2019 of P29.883 billion. The BSP has been...
