Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said Saturday, July 20, that the passage of Republic Act No. 12010 or the Anti-Financial Account Scamming Act (AFASA) will give the central bank more teeth in protecting financial consumers. AFASA is a law that will curb and combat...
The Bangko Sentral ng Pilipinas (BSP) has urged the public to be more vigilant against scams involving the use of artificial intelligence (AI) to create or manipulate fake videos and audio. In a statement on Friday, July 12, the BSP said that these AI-manipulated contents are being used to...
The Financial Stability Coordination Council (FSCC) sees substantial refinancing of maturing corporate bonds and loans this year as it weighs the impact of 'fresh uncertainties' overseas on the domestic economy. FSCC is an inter-agency council where the principals from the Bangko Sentral ng...
Dreaming Eli's fashion show, inspired by the evocative poetry of Christina Rossetti, unfolded as a powerful and empowering ode to feminine strength and resilience. Drawing from Rossetti's poignant verses, Dreaming Eli crafted a collection that reverberated with a resounding message of empowerment...
BSP forges partnership with BAIPHIL By JAMES A. LOYOLA The Bangko Sentral ng Pilipinas (BSP) and the Bankers Institute of the Philippines (BAIPHIL) have formalized their longstanding partnership with the signing of a memorandum of understanding (MOU). “The collaboration of BSP and BAIPHIL will go...
The Financial Stability Coordination Council (FSCC), which is led by the Bangko Sentral ng Pilipinas (BSP), is placing the strengthening the Philippine corporate bond market high on its list of priorities for 2024. The FSCC includes the Department of Finance, the Insurance Commission, the...
Israel Minister of Foreign Affairs Eli Cohen visited Filipino Jimmy Pacheco, who was among the 24 hostages released by Palestinian militant group Hamas on Saturday, Nov. 25. Israel Minister of Foreign Affairs Eli Cohen (left) shakes hands with Jimmy Pacheco (right), a Filipino hostage who...
Seamless transition engenders stability – and this has been the hallmark of leadership at the Bangko Sentral ng Pilipinas (BSP) since its inception in 1993 by virtue of Republic Act 7653 or the New Central Bank Act of 1993. The law follows the mandate of the Philippine Constitution of 1987 on the...
Outgoing Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla Outgoing Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla did an "outstanding" and "extremely successful" job during the past year at the helm of the country’s central monetary authority. Thus, said Albay 2nd district...
Albay 2nd district Rep. Joey Salceda (Facebook) Economist-congressman Joey Salceda of Albay's 2nd district hailed on Friday night, June 23 Malacañang's appointment of Eli Remolona as the new Bangko Sentral ng Pilipinas (BSP) governor, as he highlighted the latter's "formidable experience". “I...
Following long consultations, President Ferdinand "Bongbong" Marcos Jr. has named Eli Remolona as the new governor of the Bangko Sentral ng Pilipinas (BSP), the Presidential Communications Office (PCO) announced on Friday, June 23. *Bangko Sentral ng Pilipinas Governor Eli Remolona (BSP)* Remolona,...
Israel's Foreign Minister Eliyahu Cohen has urged Israeli and Filipino business leaders to seize the opportunity in the good relations between their two countries to forge new partnerships and establish meaningful connections. Cohen on Tuesday asserted that Israel and the Philippines can elevate...
