Our nation’s story perseveres not only through history books but also through the work of countless Filipino artists. While our history paints the horrors of a country colonized many times over, there are pieces of our past that shine through in the form of the arts. Looking through early works...
“I was thrilled,” Bangko Sentral ng Pilipinas (BSP) Deputy Governor for regional operations and advocacy sector, Bernadette “Berna” Romulo-Puyat, unabashedly shared her feelings about her close encounter with US Federal Reserve (US Fed) Chairman Jerome Powell. DG Berna was among the...
E-wallets GCash and Maya will promptly remove all links redirecting users to online gambling sites in compliance with the Bangko Sentral ng Pilipinas’ (BSP) order to remove such links. In a statement late Thursday, Aug. 14, GCash said it would fully comply with the BSP’s directive that...
Senators on Thursday, Aug. 14, became more determined to remove the convenience in accessing online gambling sites through e-wallet applications. The Bangko Sentral ng Pilipinas (BSP) has ordered e-wallet applications to remove, within 48 hours, all online gambling links that appear on their...
The Bangko Sentral ng Pilipinas (BSP) has ordered e-wallet applications to remove within 48 hours all online gambling links that appear on their respective platforms. The BSP gave this order on the day of the Senate hearing of the Committee on Games and Amusement on the paint of online gambling on...
The Philippine banking industry ended the first half of 2025 with a combined net profit of ₱198.1 billion in June, up 4.1 percent from last year’s ₱190.3 billion, driven by double-digit growth in net interest income. Data from the Bangko Sentral ng Pilipinas (BSP) released on Tuesday, Aug....
When the going gets tough, the tough gets going. Justin Brownlee came through with the game-tying triple in regulation as Gilas Pilipinas pulled away in overtime to take down a tough Saudi Arabia team, 95-88, and advance to the quarterfinals of the 2025 FIBA Asia Cup at King Abdullah Sports City in...
Net inflows of brick-and-mortar foreign direct investments (FDI) into the Philippines increased to $586 million in May, fueled by stronger investor confidence driven by solid macroeconomic fundamentals, cooling inflation, and ongoing infrastructure growth. Net FDI inflows climbed by 21.3 percent...
Rising star Justine Jazareno made heads turn after capturing the Best Libero plum in the 5th SEA V.League Leg 2 that concluded over the weekend in Vietnam. The 25-year-old Jazareno, a former De La Salle Lady Spiker, displayed versatility on the floor to help Alas Pilipinas cop its fourth...
With an already narrow output gap and the economy in a “goldilocks” or ideal state, the Bangko Sentral ng Pilipinas (BSP) said slashing key borrowing costs further by three-quarters of a point is unlikely, with two cuts more likely than one. “I think two is more likely than one. Two is still...
Dutch financial giant ING said the Philippine peso is likely to continue losing ground against the United States (US) dollar as the Bangko Sentral ng Pilipinas (BSP) remains unfazed by its weakening and is expected to deliver substantial cuts in key borrowing rates. “Given our expectations of...
Despite recent interest rate cuts by the Bangko Sentral ng Pilipinas (BSP), inflation hitting nearly six-year lows in recent months, and still-muted second-quarter growth in some sectors, further reductions in key borrowing costs are seen as necessary. “We think the second-quarter GDP [gross...
