President Marcos has appointed top banker Walter Wassmer to join the Banko Sentral ng Pilipinas (BSP) Monetary Board, the Presidential Communications Office (PCO) announced on Thursday, July 11. Walter Wassmer (file photo) Before joining the public sector, Wassmer was a consultant and non-executive...
The total assets of the domestic banking system went up by 12.43 percent to P25.622 trillion as of end-May from P22.788 trillion same period in 2023, based on Bangko Sentral ng Pilipinas' (BSP) latest data. Banking assets are boosted by deposits, loans and investments. Total assets refer to...
By Lee C. Chipongian The Bangko Sentral ng Pilipinas (BSP) received and processed 43,115 new consumer complaints in 2023, almost double the 22,142 in 2022, as the central bank improved its capacity to act on more financial consumer issues after streamlining consumer redress measures and market...
Gilas Pilipinas head coach Tim Cone was quick to defend Japeth Aguilar as criticisms grew against the veteran big man for his performance in the recent FIBA Olympic Qualifying Tournament in Riga, Latvia. Gilas Pilipinas' Japeth Aguilar (FIBA) The 37-year-old Aguilar was left with no choice but...
Binibining Pilipinas, the longest-running national pageant in the Philippines, celebrated its 60th anniversary last July 7, 2024 at the Araneta Coliseum. To mark the milestone, the organization gathered its former candidates from past editions and brought them to the stage, staying true to its...
It will not be a happy drive to the gas pumps this week, as fuel prices will rise again for the fourth week in a row, based on the pricing adjustment advisories of the oil companies. The oil firms announced that the price of gasoline products will increase by a hefty P1.60 per liter; while diesel...
House Speaker Martin Romualdez (left), Tim Cone (Speaker’s office, Wikipedia) Even House Speaker Martin Romualdez has recognized the Tim Cone's brilliant performance as coach of the Gilas Pilipinas national basketball team. Looking back at...
Gilas Pilipinas in action during the FIBA Olympic Qualifying Tournament House Speaker Martin Romualdez has asked Filipinos to "continue supporting and celebrating" local athletes following the Gilas Pilipinas' national basketball team's gallant...
"It was a great fight!" This was the message of President Marcos to the Philippines' Gilas Pilipinas after the team yielded to Brazil in the semifinals of the FIBA Olympic Qualifying tournament in Latvia on Saturday, July 6. File photos In an X post late Saturday, the President said Filipinos are...
Veteran mentor Tim Cone admitted that he wasn't a fan of zone defense. But against a talented Georgia side which had erected a 20-point lead halfway through the game, Gilas needed to find a solution or else face elimination and return home to Manila. Gilas head coach Tim Cone (FIBA) But zone...
Mason Amos finally addressed the issue surrounding his shock move from Ateneo to its rival school De La Salle. Mason Amos (UAAP Media) Four days after announcing his departure from Ateneo on a one-and-done stint, the 19-year-old big man, who has been in hot water, spoke in detail...
It is an understatement that Filipinos are big pageant fans, so much so that beauty contests have been a staple in many community celebrations. But when it comes to a grand display of Filipino beauty, it is hard not to think of Binibining Pilipinas. Since 1964, Binibining Pilipinas has been one of...
