The Bangko Sentral ng Pilipinas (BSP) will formally announce on Wednesday that financial digitalization and e-money expert, Mamerto E. Tangonan, a BSP outsider, is its new deputy governor. Tangonan, currently chief of party of the e-peso project of US Agency for International Development...
The Bangko Sentral ng Pilipinas (BSP) has issued an advisory warning banks and non-banks to be alert and detect clients or customers that are engaged in illegal online gambling and to report these activities to the proper government agencies including the central bank. BSP memo (Circular Letter No....
The central bank’s term deposit facility (TDF) auction was still oversubscribed but results were mixed while yields continue to decline. “There was a slight undersubscription in the 7-day TDF, receiving bids 0.88x the offer volume. Meanwhile, the 14-day TDF was oversubscribed with bids 1.16x...
See some of the works of the ‘Dean of Filipino Illustrations’ Francisco Coching and his works Dumagit and Ang Kaluluwa ni Dante If you’ve been watching TV5’s Bella Bandida , then you should know the man behind the comics it is adapted from. Dubbed as the “Dean of Filipino...
Economists surveyed by the Bangko Sentral ng Pilipinas (BSP) have adjusted its inflation expectation higher for 2021 but steady for 2022, while the BSP continue to communicate its intention to maintain low borrowing rates. Based on the central bank’s latest Private Sector Economists’...
Win Jaime’s Heart, the BL series from filmmaker Zyril Nica Bundoc and production house Sanny Istudyo, is breaking the internet. Its freshman run isn’t over—the finale is slated for January 25—but the first five episodes alone have earned a combined total of over 1.5 million views to...
The Bangko Sentral ng Pilipinas (BSP) said it has fully awarded its 28-day bills offered at P100 billion. The BSP securities auction received P162.80 billion tenders on Friday, lower than January 15’s P167.25 billion bids. The BSP bills fetched a lower average rate this week of 1.6362 percent...
The Financial Executives of the Philippines Institute (FINEX) has joined a bandwagon of business groups opposing a proposal by the Lower House proposal to amend the economic provisions of the Constitution at this time. In a statement, FINEX said they agree that the economic provisions of the...
Year-Ender Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno (MB file) The Bangko Sentral ng Pilipinas’ (BSP) nearly P2 trillion liquidity injection in the pandemic-hit financial system did what it’s supposed to do prop up confidence in the market amid the recession and uncertainty...
Gov. Francisco Emmanuel 'Pacoy' R. Ortega III La Union secured two awards at the Aliw Awards 2020 - Best Festival Practices and Performance for Mutia ti La Union 2020 and Best Festival Catalyst/Organizer - during ceremonies held at the Manila Hotel recently. The Best Special Events Director was...
With increased online transactions due to the holidays, the Bangko Sentral ng Pilipinas (BSP) is reminding banks to remain vigilant against cyber attacks, specifically phishing or the fraudulent acquisition of sensitive data or information. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E....
The Bangko Sentral ng Pilipinas (BSP) is proposing the creation of an Open Finance Oversight Committee (OFOC), an industry-led self-governing body, as part of the country’s open finance framework. BSP Governor Benjamin E. Diokno ( Bloomberg file photo) Based on the draft circular on open finance,...
