Vice President and opposition leader Leni Robredo will most probably be a judge by now if she did not become a politician. During a recent interview on Teleradyo’s Kapamilya Konek, the country’s second top official said that her appointment letter as a judge has already been signed when she...
Despite not revealing her political plans next year, Vice President Leni Robredo is the subject of the political conversation in Camarines Sur as a manifesto signed by members of a local political party showed support if she decides to run as governor of her home province. Former Camarines Sur Rep....
The government's pandemic task force has placed governors and mayors further up in the coronavirus (COVID-19) vaccination program priority list, putting them right behind medical frontliners and ahead of senior citizens. A health worker administers a COVID-19 vaccine shot at a vaccination center in...
Nothing is clear yet on Vice President Leni Robredo’s political plans for next year, but she stressed that she’s still open to running as the country’s president despite rumors of her seeking a local post. VP Leni Robredo (Jansen Romero/Manila Bulletin) Although it’s former Senator Antonio...
The Bangko Sentral ng Pilipinas (BSP) will allow banks to have a higher single borrower's limit (SBL) of 30 percent until end-December this year, and to reclassify bad loans reporting pending the full operationalization of the Financial Institutions Strategic Transfer (FIST) Act. These amendments...
The Bangko Sentral ng Pilipinas (BSP) is proposing to allow banks to set up their own satellite broadband similar to Bank Rakyat of Indonesia's $250 million satellite for its digital or branchless operations. BSP Governor Benjamin E. Diokno, the Duterte administration’s former budget chief, has...
The Bangko Sentral ng Pilipinas (BSP) issued a clarification Monday that there will be no grace period for loan payments during the seven-day enhanced community quarantine (ECQ) status while on Holy Week break. The BSP told banks who made the inquiry that the 30-day grace period under the Bayanihan...
The Bangko Sentral ng Pilipinas (BSP), which has returned to stricter health protocols with the recent increase in COVID-19 cases, is reminding banks to do the same while movement restrictions are in place to stem the more infectious virus-variants transmission. Most banks, especially big banks,...
The Bangko Sentral ng Pilipinas (BSP) will likely consider the withdrawal of COVID-19 monetary and banking policy interventions after mid-2022 when the economy is expected to have returned to pre-pandemic growth levels, and assuming herd immunity against the virus has been achieved around the same...
The Bangko Sentral ng Pilipinas (BSP) has increased the number of national IDs it will print this year to 70 million from the previous target of 45 million, according to its highest-ranking official. “BSP is committed to deliver the card volume requirements of the PSA (Philippine Statistics...
Philippines’ foreign assets reached $109.082 billion as of end-February, higher than $108.673 billion in January, the Bangko Sentral ng Pilipinas (BSP) reported. The gross international reserves or GIR, which are invested in foreign-issued securities, monetary gold, and foreign exchange, is 11.7...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said Thursday that the inflation rate will reach its peak in the second quarter months of April to June and that so far, there is limited evidence of second-round effects. A vegetable seller tends to a client at Paco Market. A vegetable...
