Satellite technology has gone a long way from just providing internet connection in far-flung areas as it is now aimed at educating people about financial literacy. PhilSA Space Missions Control and Operations Division Science Research Specialist I Engr. Vench Learry Angulo running diagnostics...
BAGUIO CITY -- The Bangko Sentral ng Pilipinas and the Department of Interior and Local Government will launch the ‘Paleng-QR Ph’ cashless payment program with this city as pilot site on Sunday, August 14, at People’s Park Malcolm Square here. BSP Governor Dr. Felipe Medalla and Deputy...
Irked by exorbitant bank transfer fees amid the prevailing high inflation, Albay 2nd district Rep. Joey Salceda has urged the Bangko Sentral ng Pilipinas (BSP) to issue regulations that would put a cap on bank charges. Albay Rep. Joey Salceda (Photo from Salceda’s office) Salceda, chairman of the...
The Bangko Sentral ng Pilipinas (BSP) has authorized the government to borrow $3.54 billion from foreign creditors in the second quarter of this year. The new approved public sector foreign borrowing is 26 percent higher than the $2.80 billion borrowing in the second quarter last year. But it is 26...
BAGUIO CITY – The Bangko Sentral ng Pilipinas (BSP) and the Department of Interior and Local Government (DILG) are considering this city as a pilot site for the ‘Paleng-QR Ph’ program promoting cashless payments in public markets and local transportation. BSP Deputy Governor Berna...
President Marcos’ chief economic manager said the Philippine economy would continue its robust expansion pace this year despite a rising interest rate environment. Finance Secretary Benjamin E. Diokno said on Thursday, July 14, that the economy, as measured by the gross domestic product (GDP),...
Senator Aquilino “Koko” Pimentel III has asked the Bangko Sentral ng Pilipinas (BSP) to stop the issuance and the production of the P1,000 polymer banknotes amid mounting complaints about its practical use as a legal tender. In a related development, Pimentel also filed a resolution urging the...
The Bangko Sentral ng Pilipinas (BSP) has launched a dedicated webpage or microsite for the new ₱1,000 polymer banknotes to increase public awareness and encourage its use, hastening the country’s shift to the use of more secure and hygienic banknotes. The website, bit.ly/PolymerPH, informs the...
Economist-congressman Joey Salceda of Albay's 2nd district believes he has a better way of tackling the inflation problem. Albay 2nd district Rep. Joey Salceda (Facebook) This, as the solon prodded the economic team of newly-inaugurated President Ferdinand "Bongbong" Marcos Jr. to focus on...
DR. Gregorio Baccay III, acting bank officer V of Bangko Sentral ng Pilipinas (BSP), discusses the security features of P1,000 polymer banknote during the Regional Roadshow on Philippine Currencies and Other BSP-Related Advocacies at the BSP Multi-Purpose Hall in Bacolod City Thursday, June 23....
President-elect Ferdinand “Bongbong” Marcos Jr. has tapped economist Felipe Medalla to serve as governor of the Bangko Sentral ng Pilipinas (BSP). Dr. Felipe Medalla (Photo from DLSU website) Read more here:...
The Department of Finance (DOF) said that Binance, the largest cryptocurrency exchange in the world, is not registered with the Philippines’ securities and banking regulators. Finance Secretary Carlos G. Dominguez III said on Thursday, June 9, said Binance is not registered with the Securities...
