Senator Sherwin Gatchalian has urged Congress to pursue the passage of a measure that would help more Filipinos become knowledgeable and skilled in handling their personal finances for their future. Gatchalian, who filed Senate Resolution No. 569, said he finds the results of the 2021...
WASHINGTON, United States (AFP) -- The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability....
The Bangko Sentral ng Pilipinas (BSP) has approved the guidelines on how it will mediate and adjudicate financial consumers’ complaints based on provisions under Republic Act No. 11765 or the Financial Products and Services Consumer Protection Act (FCPA). BSP Governor Felipe M. Medalla said...
BACOLOD CITY – Residents can now experience cashless transactions in public markets following the launching of Paleng-QR Ph Plus here on Tuesday, March 14. BANGKO Sentral ng Pilipinas (BSP) Deputy Gov. Bernadette Romulo-Puyat and Mayor Alfredo ‘Albee’ Benitez try the Paleng-QR Ph Plus in a...
Senator Sherwin Gatchalian said he believes the privatization of key government assets is a more logical source for the proposed Maharlika Investment Fund (MIF). Gatchalian said doing this would shield key financial institutions, particularly the Bangko Sentral ng Pilipinas (BSP), from potential...
A ranking congresswoman wants the House of Representatives to investigate the utilization of billions worth of government funds on the delay-ridden Philippine Identification System (PhilSys) project, or the national ID project. Marikina City 2nd district Rep. Stella Quimbo (Ellson Quismorio/ MANILA...
House Ways and Means chair and Albay 2nd district Rep. Joey Salceda on Tuesday, Feb. 7, warned that prices of fish and eggs will “remain elevated” throughout the year although he assured that inflation from February onwards will be lower compared to January. Eggs and fish (Pixabay/MANILA...
The Bangko Sentral ng Pilipinas (BSP) said on Tuesday, Jan. 31, that inflation for the month of January may be lower at 7.5 percent from December’s actual 8.1 percent, or higher at 8.3 percent because of costlier power rates during the period. “The BSP projects January 2023 inflation to settle...
The economic managers of the Marcos administration have started discussing senators about the many issues surrounding the controversial Maharlika Investment Fund (MIF) on Monday night, January 30. The briefing held at the Senate was done by Finance Secretary Benjamin Diokno, Budget Secretary Amenah...
The Bangko Sentral ng Pilipinas (BSP) should implement more "confidence-building measures" on the use of P1,000 polymer bank notes, Surigao del Norte 2nd district Rep. Robert Ace Barbers said Tuesday, Jan. 31. A P1,000 polymer bill. (Ellson Quismorio/ MANILA BULLETIN) Barbers made this call even as...
Whoever said that independent minority solon Albay 1st district Rep. Edcel Lagman and President Ferdinand "Bongbong" Marcos Jr. would never agree on anything regarding the controversial Maharlika Investment Fund (MIF)? Albay 1st district Rep. Edcel Lagman (left) and President Ferdinand "Bongbong"...
The proposed Maharlika Investment Fund (MIF) that wowed potential investors at the World Economic Forum (WEF) in Davos, Switzerland was essentially a rewritten document that's entirely different from the bill passed by the Philippine House of Representatives. Albay 2nd district Rep. Joey Salceda...
