The Bangko Sentral ng Pilipinas (BSP) is eyeing the implementation of tighter laws against coin hoarding and counterfeiting of Philippine currency. In a statement, the BSP said it is...
MANILA, Philippines – Malacañang views the growth of the Philippine economy as evidence of the country’s strength and resilience despite the challenges it is facing brought about by the coronavirus...
MANILA, Philippines – The Philippine economy grew faster at 5.6 percent, higher than the government’s target range for the fourth quarter of 2021, the Philippine Statistics Authority (PSA) said Thursday....
The Philippines’ gross domestic product (GDP) growth rate for the third quarter was revised downward to 6.9 percent from the preliminary estimate of 7.1 percent made last year, the Philippine...
The Bangko Sentral ng Pilipinas (BSP), with the Philippine Payments Management Inc. on Monday said it has launched Multiple Batch Settlement (MBS) facility of the PESONet electronic fund transfer service....
The Bangko Sentral ng Pilipinas (BSP) on Friday assured that the public will continue to have access to banking services amid the implementation of the COVID-19 Alert Level 3. The...
MANILA, Philippines — The country’s inflation slowed down to an 11-month low of 3.6 percent in December, the Philippine Statistics Authority (PSA) reported on Wednesday. In a virtual briefing, National...
The Bangko Sentral ng Pilipinas (BSP) has temporarily suspended the increases in InstaPay and PESONet fees for person-to-person fund transfers. In a statement, the BSP said banks and e-money issuers...
The Bangko Sentral ng Pilipinas (BSP) has reminded banks to ensure the availability of cash in their automated teller machines (ATMs) during the long holiday break. In a statement, the...
MANILA – The Department of Finance (DOF) is set to draw this week US$80 million (about Php4-billion) of the World Bank’s (WB) US$500-million standby credit line extended to the Philippines...
