Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said that further cuts in banks’ reserve requirement ratio (RRR) may happen next year as the central bank looks to ramp up its liquidity management and make the yield curve more reliable. “It might be for next year. We are trying to...
Bangko Sentral ng Pilipinas (BSP) Assistant Governor Zeno Ronald R. Abenoja was officially sworn in on Tuesday, May 20, as the new Deputy Governor for the Monetary and Economic Sector, succeeding Francis Dakila following his recent retirement. BSP Governor Eli M. Remolona Jr. administered the oath...
LUCENA CITY, Quezon – Three prominent women emerged on top in the gubernatorial race in the provinces of Laguna, Batangas, and Quezon in the elections on Monday. VILMA Santos-Recto is back as governor of Batangas. (FB) Unofficial result from the Commission on Elections showed Sol Aragones and...
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
More endorsements—from the political arena to the entertainment industry—are coming senatorial candidate Bam Aquino’s way. Celebrities Piolo Pascual, Iza Calzado, and Bea Binene (top) join senatorial candidate Bam Aquino 's motorcade in Metro Manila on May 4, 2025. Photo below is Sulu...
Ombudsman Samuel R. Martires demanded an apology from Cebu Gov. Gwendolyn F. Garcia who, he said, accused him of politicking in the issuance of a six-month preventive suspension order against her. Ombudsman Samuel R. Martires In a statement...
Due process must be observed in the case of Cebu Governor Gwendolyn Garcia, and she must be treated fairly until all questions surrounding her suspension are resolved, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. meets with Cebu City governmor Gwendolyn Garcia (Photo courtesy of...
Ombudsman Samuel R. Martires has ordered the six-month preventive suspension of Cebu Gov. Gwendolyn F. Garcia over the issuance of a quarry permit in a protected areas in 2024. In an order, Martires said Garcia's preventive suspension is immediately executory and the suspension cannot be...
The Provincial Jail in the City of Malolos, Bulacan. (Freddie Velez) Bulacan Governor Daniel Fernando suspended the provincial jail warden and jail guards for allowing persons deprived of liberty (PDLs) to go in and out of the Bulacan Provincial Jail in the City of Malolos, Bulacan and...
The influential One Cebu party has formally endorsed the candidacy of senatorial candidate Ramon "Bong" Revilla, Jr. as he joined in the party’s launch of its campaign in Cordova, Barili, Sibonga, Dalaguete, and Alcoy in Cebu from March 27 to 29. (Photo from the Office of Senator Ramon "Bong"...
Japan's Ambassador to the Philippines Endo Kazuya and Rizal Gov. Nina Ynares The Rizal provincial government has received over $100,000 donation from the Japanese government to help around 300 persons with disabilities (PWD) in the province to build their livelihoods. Rizal Gov. Nina Ynares...
Interested players aiming to enter the Philippine digital banking sector must propose innovative business models and address specific market needs, according to a senior official from the Bangko Sentral ng Pilipinas (BSP). “The requirement from the governor and the Monetary Board [MB] is that...
