Senator Sherwin Gatchalian on Sunday, November 5 urged state regulators to strengthen mechanisms for consumer protection amid the continuing proliferation of online fraudulent activities especially with the onset of the Christmas season. Gatchalian, in particular, urged the...
The Bangko Sentral ng Pilipinas (BSP) has approved the request of Union Bank of the Philippines (UnionBank) for additional equity investment of up to P900 million in wholly owned subsidiary UnionDigital Bank Inc. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank said the BSP...
Former National Economic and Development Authority (NEDA) Secretary Dante Canlas has indicated his openness to the possibility of returning to government service, demonstrating a willingness to contribute once again to the public sector. There have been rumors circulating that Canlas is among the...
The appointment of Rosalia V. De Leon, a long-time national treasurer of the Philippines, to the top policy-making body of the central bank, is a recognition of her expertise and dedication to the financial sector. On Saturday, Sept. 2, the Presidential Communications Office announced De...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expects that speeding up government spending during the second half of the year could improve the country’s growth rate by the end of 2023. NEDA Secretary Arsenio Balisacan (Photo from the Presidential Communications...
Monetary Board (MB) Member Anita Linda R. Aquino, Finance Secretary Benjamin E. Diokno, BSP Governor Eli M. Remolona, and MB Member V. Bruce J. Tolentino Banko Sentral ng Pilipinas (BSP) Chairman and Governor Eli M. Remolona took to the stage as he raised a celebratory glass during the special...
A sample copy of a PhiID card (MB File Photo) Senator Francis Escudero on Wednesday, August 9 said he will ask the Philippine Statistics Authority (PSA) and the Bangko Sentral ng Pilipinas (BSP) for “quantifiable targets” when they come to the Senate for the 2024 national budget...
Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla completes today 12 years of service in the Monetary Board and as head of the country’s central monetary authority. In a statement last May — after Fitch Ratings revised from negative to stable its evaluation of the country’s BBB...
President Ferdinand "Bongbong" Marcos Jr. has expressed his gratitude to outgoing Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla for his strong leadership that enabled the Monetary Board to mitigate the impact of inflation in the country. *Outgoing Bangko Sentral ng Pilipinas Governor...
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...
Senator Sherwin Gatchalian on Sunday, June 25 urged the public to be wary of finance applications that can be downloaded online on Google Play or Apple Store and other websites but are actually lending applications that victimizes oblivious customers. ...
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...
