The inter-agency Financial Stability Coordination Council (FSCC) reassured that Philippine banks maintain robust capitalization and ample liquidity buffers, navigating through global and local challenges. The BSP said in a statement released on Monday, July 7, that during the FSCC’s meeting for...
Germany-based Deutsche Bank stated that the Bangko Sentral ng Pilipinas’ (BSP) cumulative 1.25-percent interest rate reductions have been unable to lift lending growth, as lower borrowing costs were not enough to outweigh persistent economic uncertainty. This follows BSP Governor Eli M. Remolona...
Alas Pilipinas missed out on a podium finish after falling to Chinese Taipei, 25-17, 26-24, 25-22, in the bronze medal match of the 2025 VTV International Women’s Volleyball Cup on Saturday evening, July 5, at the Vinh Phuc Gymnasium in Vietnam. After being outplayed in the opening set, the...
Alas Pilipinas put up a gallant fight but eventually lost steam and yielded to reigning champion Russia-based club Korabelka, 16-25, 27-25, 17-25, 22-25, in the semifinal of the 2025 VTV International Women 's Volleyball Cup at the Vinh Phuc Gymnasium in Vietnam Friday evening, July 4. The...
The Department of Public Works and Highways (DPWH) has commenced the construction of a multi-purpose sports facility in Bacoor City, following a groundbreaking ceremony held on Friday, Jul. 4. DPWH Region 4A Director Jovel G. Mendoza said the Ramon Revilla Sr. Sports Arena, located in Barangay...
Alas Pilipinas flashed its veteran poise and overcame a gallant stand from the youthful Est Cola, 25-17, 25-21, 25-21, to barge into the semifinal of the 2025 VTV International Women 's Volleyball Cup at the Vinh Phuc Gymnasium in Vietnam Thursday evening, July 3. Coming off a one-day break,...
The Bangko Sentral ng Pilipinas is considering two more cuts to key borrowing costs, driven by easing inflation and an economic slowdown attributed to consumer and business uncertainty. Two cuts are “possible,” BSP Governor Eli M. Remolona Jr. told reporters on the sidelines of the 32nd BSP...
Alas Pilipinas standouts Vanie Gandler and Leila Cruz were named as candidates of the VTV International Cup Ms. Volleyball Rose competition recently. Gandler and Cruz took a short break from action and joined the activity for female beauties, flaunting their stunning Filipina looks while wearing...
The Bangko Sentral ng Pilipinas’ (BSP) push for personal equity and retirement accounts (PERA) is expected to promote the wider adoption of open finance in the Philippines, according to the Tokyo-based think tank Asian Development Bank Institute (ADBI). “The BSP remains committed to advancing...
As manufacturers experience only mild producer price inflation, central banks in emerging markets (EMs), including the Philippines, are expected to cut interest rates some more in the near term. “Encouragingly, the price components of the PMIs [purchasing managers’ indices] fell again in June....
The Office of Civil Defense (OCD) is waiting for the successor of former Administrator Ariel Nepomuceno after he was appointed by President Marcos Jr. as the commissioner of the Bureau of Customs (BOC). At present, the OCD is being supervised by Officer in Charge (OIC) Asec. Bernardo Rafaelito R....
Alas Pilipinas imposed its will for an emphatic 25-13, 25-15, 25-20 win over Australia to make it two in a row in the 2025 VTV International Women 's Volleyball Cup at the Vinh Phuc Gymnasium in Vietnam Tuesday, July 1. Coming off a four-set win over Sichuan of China, the Nationals dazzled...
