House Speaker Martin Romualdez described his fellow congressmen on Thursday, Dec. 29 as "inspired to work" following the Department of Finance's (DOF) declaration that "the worst is over" for the Philippines. House Speaker Martin Romualdez (Speaker’s office) "We, in the House of Representatives,...
The Securities and Exchange Commission (SEC) celebrated its 86th anniversary by recognizing individuals and organizations that have helped it champion the development of the corporate sector and further deepening of the capital markets. In its first face-to-face celebration since the pandemic, the...
President Ferdinand "Bongbong" Marcos Jr. has belied reports that Finance Secretary Benjamin Diokno would be replaced by Albay Representative Joey Salceda. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the Press Secretary) Marcos labeled the circulating claims as "fake...
Department of Finance (DOF) Secretary Benjamin Diokno on Wednesday, Aug. 17, listed down the agency’s suggested measures to accelerate the country’s economic recovery from the Covid-19 pandemic, highlighting the agency’s support for the Marcos administration’s Medium-Term Fiscal Framework...
House officials led by Speaker Martin Romualdez discussed with Depaetment of Finance (DOF) Secretary Benjamin Diokno on Thursday, Aug. 4 the Marcos administration’s Medium-Term Fiscal Framework (MTFF), which is seen to consolidate fiscal management and resource mobilization toward the fulfillment...
Rehabilitating the old Agus-Pulangi hydropower plants in Mindanao will allow the Marcos administration to kill two birds with one stone, says Davao City 1st district Rep. Paolo Duterte. Davao City 1st district Rep. Paolo "Pulong" Duterte (PNA) According to Duterte, rehabilitating the decades-old...
The Bangko Sentral ng Pilipinas’ recent decision to maintain the two percent cap or 24 percent per year ceiling on credit card interest rates and charges is beneficial to cardholders who are still coping with the harsh economic impact of the past two years’ battle with the coronavirus pandemic....
Northern Samar 1st district Rep. Paul Daza felt compelled to warn the incoming Marcos administration Wednesday, June 1 about a certain group of power players in the Bureau of Customs (BOC) that could "sabotage". Northern Samar 1st district Rep. Paul Daza In his privilege speech Wednesday--the last...
The National Bureau of Investigation (NBI) will pursue the filing of criminal cases against the brains behind the series of bank hacking incident that were reported in December 2021, an official of the Bangko Sentral ng Pilipinas (BSP) said on Monday. Melchor Plabasan, head of the BSP’s...
Legal issues of BSP’s ‘digital banknote’ initiative MB file After the Bangko Sentral ng Pilipinas (BSP) created a Technical Working Group (TWG) in June 2020 as initial research on a possible central bank digital currency (CBDC), it released a more comprehensive study in March this year on...
The Philippine Red Cross (PRC) on Tuesday, July 6, expressed gratitude to the Bangko Sentral ng Pilipinas (BSP) after receiving a monetary donation worth P15 million. PRC Chairman and Chief Executive Officer (CEO) Senator Richard Gordon (right) thanked BSP Chairman Benjamin Diokno for the P15...
Mobile e-wallet GCash has 40 million Filipino users todate and continues building its user base reach at least half of the population, or 50 million, for a more inclusive financial ecosystem to fast-track economic recovery. Our partnerships with the private sector have provided us with a wide...
