As part of a shared mission to make financial education accessible to more Filipinos, the Bangko Sentral ng Pilipinas (BSP) and BDO Foundation launched six new financial education e-learning modules. These modules complete the target of both organizations to produce a total of nine that are...
Citing still favorable inflation data, President Marcos’ chief economic manager said the Bangko Sentral ng Pilipinas (BSP) could proceed with delivering two quarter-point cuts in the key interest rate by year-end even if the United States (US) Federal Reserve (Fed) decides to pause its easing...
Digital payment transactions via PESONet and InstaPay increased by 51.5 percent to ₱2 trillion in June this year, from ₱1.32 trillion in the same month last year, the Bangko Sentral ng Pilipinas (BSP) reported. This represents a ₱680-billion increase from June 2024, according to the BSP data....
Shari’ah-compliant bond issuances are being pushed by top stakeholders of the financial market as more offerings of such debt instruments could bolster the country’ diversified financial market, according to the Bangko Sentral ng Pilipinas (BSP) “Sukuk issuances will spur the further growth...
Gilas Pilipinas poured it all but South Korea was just a different beast as the Filipina dribblers bowed to their regional rivals, 104-71, in their battle for a semifinal spot in the 2025 FIBA Women’s Asia Cup at the Shenzhen Sports Center in China Friday, July 18. The Nationals got off to a...
The reversal of the Philippines’ balance of payments (BOP) position to a surplus in June brought down the country’s BOP deficit by 3.5 percent to $5.6 billion in the first six months of 2025. Data from the Bangko Sentral ng Pilipinas (BSP) showed that the BOP, which reflects the country’s ...
Citing serious and persistent violations of anti-money laundering (AML) regulations, the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) has revoked the licenses of three money changer firms. Based on the BSP’s statement released on Wednesday, July 16, the three firms are the Prince...
Gilas Pilipinas stood firm under heavy pressure and essayed a pulsating 73-70 triumph over Lebanon for a crucial first win in the 2025 FIBA Women’s Asia Cup at the Shenzhen Sports Center in China Wednesday, July 16. Tied at 57-all, Sumayah Sugapong, Vanessa De Jesus, Jack Animam, Kacey Dela Rosa,...
Philippine thrift banks are bracing for a “very expensive” transition to digitalization as the Bangko Sentral ng Pilipinas (BSP) prepares to issue new digital centricity guidelines designed to ensure a level playing field between conventional and digital-first banks. On the sidelines of the the...
The Gilas Pilipinas women 's team hopes to break the losing spell when it shoots for its first win against Lebanon in the 2025 FIBA Women’s Asia Cup at the Shenzhen Sports Center in China Wednesday, July 16. Aiming to secure a Top 6 finish to earn a spot in the FIBA World Cup Qualifiers, the...
Cash sent home by Filipinos working and living overseas continued to increase in May on the back of sustained inflows from both land- and sea-based workers, according to the Bangko Sentral ng Pilipinas (BSP). Money sent through banks by overseas Filipinos (OFs) increased by 2.9 percent to $2.66...
Gilas Pilipinas displayed toughness before yielding to Japan, 85-82, to remain winless in the FIBA Women’s Asia Cup at the Shenzhen Sports Center in China Monday, July 14. Down by 22, 57-79, with eight and a half minutes left in the fourth quarter, the Nationals relied on Jack Animam, Vanessa De...
