LAWMAKERS approved on third and final reading a measure that would allow the Bangko Sentral ng Pilipinas (BSP) to look into the accounts of individuals involved in illegal financial activities. During ...

MANILA, Philippines — Inflation eased in November as food items posted slower price increases, according to the Philippine Statistics Authority (PSA). In a press conference yesterday, Deputy National ...

SINCE taking the helm as the seventh governor of the Bangko Sentral ng Pilipinas (BSP) and chairman of its Monetary Board on July 3, 2023, Eli Remolona Jr. has led the institution not just through a ...

President Donald Trump’s economic advisers are warning that a prolonged shutdown could lead to serious economic consequences, according to a White House memo obtained by POLITICO. The U.S. could lose ...

Multiple central banks are cutting, or are expected to cut, their key interest rates, marking a significant shift toward a more relaxed monetary policy. The Federal Reserve is widely anticipated to ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has found the “sweet spot” after trimming its benchmark rate by a quarter point, declaring comfort with current policy settings while ...

The peso DWF interest rates are based on the BSP Overnight Lending Rate, while the US dollar and Japanese yen DWF interest rates are based on applicable benchmark rates. The appropriate spread on DWF ...

More Filipinos can now go to public markets and ride public transportation without needing to pay in cash. The administration of President Ferdinand R. Marcos Jr. has expanded the use of cashless ...

NOTABLE Singaporean poets and an award-winning Filipino author will read their works and hold book discussions with local readers and writers at Solidaridad Bookshop on Padre Faura Street, Ermita, ...

THE BANGKO SENTRAL ng Pilipinas (BSP) has partnered with the Philippine Deposit Insurance Corp. (PDIC) for information sharing on bank reports. “The Bangko Sentral and the PDIC through a revised ...

MORE individuals and business owners in the Ilocos region turned to BDO Unibank for their banking needs, leading to the successful implementation of its monthlong community marketing initiative, "Sa ...

MANILA – Finance Secretary Ralph Recto on Tuesday said the utilization of idle funds from two government-owned and controlled corporation (GOCC) will help create more employment and boost economic ...