The Bangko Sentral ng Pilipinas (BSP) will stop accepting digital bank license applications by next week and will close the window for three years after limiting the number of digital banks in the country to just seven. “The judgment of the Monetary Board is that we will keep it close for...
A magnitude 7.1 earthquake rocked parts Mindanao early Thursday morning. Phivolcs The Philippine Institute of Volcanology and Seismology (Phivolcs) said strong temblor took place at 1:46 a.m. Its epicenter was estimated at 95 kilometers southeast of Governor Generoso in Davao Oriental. The...
Cavite Governor Jonvic Remulla on Wednesday, August 11 defended Manila Mayor Isko Moreno Domagoso after being mocked by critics for his old sexy photos circulating online. Cavite Governor Jonvic Remulla (left) and Manila Mayor Francisco "Isko Moreno" Domagoso "Hindi ito isyu (This is not an issue)....
The Bureau of Jail Management and Penology (BJMP) warned its personnel on Friday, July 30, of the stiffest possible sanctions should they get involved in any form of lawlessness or illegal acts. Chief Insp. Xavier Solda, spokesperson of the Bureau of Jail Management and Penology (Photo from Chief...
The adverse impact of the prolonged pandemic will be short-lived, the government’s chief economic manager and the central bank governor said after Fitch Ratings downgraded the Philippines’ outlook to negative. BSP Gov. Benjamic Diokno and Finance Sec. Carlos Dominguez III Finance Secretary...
As the Bangko Sentral ng Pilipinas (BSP) celebrates its 28th anniversary today, it is proud that it has become “greener” and has embraced the principles of sustainable development. Last year, when the BSP too was in lockdown, its officials started drafting its pandemic-proof Sustainable Central...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said efforts to continue to develop the domestic capital market have not been diminished by the COVID-19 pandemic. Diokno said capital market reforms being implemented and other measures to further deepen the capital market are...
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...
Laguna Governor Ramil L. Hernandez expressed his condolences to the family of former President Benigno “Noynoy” Aquino III. "Kami po ay nagdadalamhati kasama ang sambayanang Pilipino sa paglisan ng isang magiting at matapat na lingkod bayan (Together with the Filipino people, we are mourning...
State auditors have questioned officials of the Misamis Occidental province for failing to present necessary supporting documents for the purchase of land worth over P96.17 million. Auditors of the Commission on Audit (COA) also flagged the release of P510,000 in professional fees to a private...
Some 10,000 doses of coronarivus disease (COVID-19) vaccines, specifically the Russian-made Sputnik V, will be sent to Bohol this week for the inoculation of tourism frontliners in the province, Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat announced on Monday, June 14. A health...
DAVAO CITY - Davao Oriental Governor Nelson Dayanghirang has returned to work after recovering from coronavirus disease. In a statement, the provincial government of Davao Oriental said Dayanghirang resumed office on Thursday, June 10. Dayanghirang and his wife, Nanette, announced on May 25 that...