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Coin deposit machines log P577 million transactions
The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»
Pawsitivity in Action: Pilmico and Gold Coin’s ‘Woofy’ Supports Animal Shelters
Pilmico and Gold Coin (Pilmico) is committed to nourishing the lives of people and animals. Through its pet food brands “Maxime” and “Woofy,” the company demonstrates its dedication to fostering the well-being of pets. Understanding the significance of supporting animal welfare, Pilmico strives to positively impact the lives of animals by promoting responsible pet ownership […].....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
BSP collects P510 million via coin deposit machines
The Bangko Sentral ng Pilipinas has collected over half a billion pesos worth of coins as part of efforts to bring them back to circulation and address the shortage due to improper storage or disposal......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
BSP issues guidelines for payment systems
The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
VP Sara mum on political issues
AMID the current political issues Vice President Sara Duterte is facing due to her stand on national issues, she has not discussed it with her father, former President Rodrigo Duterte nor with her UniTeam running mate, President Ferdinand “Bongbong” Marcos Jr......»»
BSP collects P649 million from coin deposits
The Bangko Sentral ng Pilipinas has collected more than P600 million worth of coins as part of efforts to bring these back to circulation and address the shortage due to improper storage or disposal......»»
Confiscated gaming machines destroyed in Mt. Province
More than a dozen seized coin slot gaming machines, popularly called “kulalongs” in Mt. Province, were destroyed in a public demonstration at the Bontoc municipal grounds led by town officials on Monday......»»
Follow KD Estrada, Alexa Ilacad on Toss Coin tour of Hong Kong
For Filipinos who always dream of a better life for family, Hong Kong will always serve as a charming backdrop for romantic movies and family relations because it sparks hope and happiness and the promise of a better life in us......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Biden hosts Philippines counterpart, Japan PM for first ever trilateral meeting amid China tensions
Washington, DC [US], April 12 (ANI): US President Joe Biden on Thursday hosted the Philippines President Ferdinand Marcos Jr and Japanese Prime Minister Fumio Kishida for the first-ever trilateral summit between the three countries and said that the US commitments to the defence of Japan and the Philippines remain "ironclad," CNN reported. The meeting, which came amid separate territorial disputes involving Japan, the Phi.....»»
Julia Barretto is the first ever Casino Plus brand ambassador in PH
Julia Barretto is the first ever Casino Plus brand ambassador in PH.....»»
Julia Barretto is the first ever Casino Plus brand ambassador in PH
Julia Barretto is the first ever Casino Plus brand ambassador in PH.....»»
Julia Barretto is the first ever Casino Plus brand ambassador in PH
Julia Barretto is the first ever Casino Plus brand ambassador in PH.....»»
Julia Barretto is the first ever Casino Plus brand ambassador in PH
Julia Barretto is the first ever Casino Plus brand ambassador in PH.....»»
Julia Barretto is the first ever Casino Plus brand ambassador in PH
Julia Barretto is the first ever Casino Plus brand ambassador in PH.....»»