Senator Imee Marcos apologized for being unable to attend the campaign rally of the administration-backed Alyansa para sa Bagong Pilipinas in Tacloban, citing the arrest of former President Rodrigo Duterte. Senator Imee Marcos "Nagpapaumanhin ako sa mga kababayan kong waray na hindi makakadalo sa...
Benhur Abalos (Ellson Quismorio/ MANILA BULLETIN) While it's undoubtedly shocking, the discovery of the corpse of a Slovak tourist in Boracay "is a very isolated case", says former Department of the Interior and Local Government (DILG)...
Benhur Abalos (left, standing) (Mark Balmores/ MANILA BULLETIN) Alyansa para sa Bagong Pilipinas senatorial candidate Benhur Abalos can't help but beam with pride whenever he thinks about the hundreds of former rebels who are now working in...
Actions are being taken by the Bangko Sentral ng Pilipinas (BSP) hand in hand with the Commission on Elections (Comelec) to prevent the use of both cash and e-wallet services in vote-buying during the upcoming elections, the central bank said. This comes after Comelec called on the BSP to decline...
Former president Rodrigo Duterte (left), former senator Panfilo "Ping" Lacson (Facebook) Former senator Panfilo "Ping" Lacson has reminded the Marcos government of its obligation to assist former president Rodrigo Duterte with his predicament...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. revealed that the global anti-money laundering watchdog has recognized the Philippines as a regional leader in combating financial crimes and terrorism financing, even tapping the country to assist others in strengthening their...
The Bangko Sentral ng Pilipinas (BSP) reported that the local banking system’s gross non-performing loan (NPL) ratio increased in January, worsening from the one-year low in December last year. The latest data from the BSP showed that the banking industry’s gross NPL ratio increased to...
BSP Governor Eli M. Remolona Jr. Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has confirmed that another cut in borrowing costs is possible at the upcoming April 10 monetary policy meeting, potentially bringing the key policy rate down to 5.5 percent. “When we think...
The peso's recent relative strength against the US dollar would unlikely last for long amid external and domestic threats, according to Singapore-based United Overseas Bank (UOB). While the local currency had traded flat against the US dollar year-to-date as of the first week of this month, "the...
Foreign direct investments (FDIs) in the Philippines fell short of the $9 billion target as net inflows remained largely unchanged in 2024, with December net inflows dropping to its lowest level in 11 years, according to the central bank. Bangko Sentral ng Pilipinas (BSP) data showed that net FDIs...
Filipinos receiving and sending money from overseas lost an estimated total of ₱8.37 billion in 2023 to "hidden" fees charged by banks and money remittance centers on foreign currencies, according to findings from transparency research commissioned by global fintech firm Wise. Kristo Käärmann,...
Las Piñas City lone district Rep. Camille Villar (center) (Rep. Villar’s office) Alyansa para sa Bagong Pilipinas senatorial candidate Las Piñas City lone district Rep. Camille Villar can't help but feel honored for her inclusion among the ranks...