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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......»»
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 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 […].....»»
39 LGUs in Davao region suspend classes due to bad weather
DAVAO CITY (MindaNews / 16 January) – At least 39 localities in the Davao region, including this city, suspended classes in public and private schools as of 7:55 a.m. Tuesday due to heavy rains since Monday night, which triggered flooding in some areas. The local government unit (LGU) of Davao City suspended classes in all […].....»»
GCash gets BSP nod to enter Europe, ME
E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»
Roxas Holdings suspended for reporting failure
The PSE suspended Roxas Holdings for its continued failure to submit its Annual Report for its fiscal year ending Sept. 30, 2023......»»
Senior citizen commission executive suspended for neglect of duty
A National Senior Citizens Commission official has been suspended for three months following allegations of gross neglect of duty, among other offenses......»»
Suspended UE coach blasts UAAP decision
UE head coach Jerry Yee has been suspended by the UAAP for the remainder of the Season 86 women’s volleyball tournament, the league announced Sunday......»»
Over 100,000 firms suspended
Over 100,000 corporations have been suspended by the Securities and Exchange Commission for non-filing of reportorial requirements......»»
SP New Energy suspended again for public float violation
SP New Energy was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%......»»
BSP: Digitizing microfinance services will boost financial inclusion
Digitizing microfinance institutions could promote further financial inclusion in the country as borrowers from the unserved and underserved segments of the population will be able to access a wider range of financial services......»»
Lotto, digit games suspended over Holy Week – PCSO
Lotto and other digit games will be suspended from Maundy Thursday to Easter Sunday, March 28 to 31, in observance of Lent, the Philippine Charity Sweepstakes Office announced yesterday......»»
DA chief orders transfer of suspended NFA supervisors’ authority
The transfer of authority of suspended warehouse supervisors of the National Food Authority has been ordered by Agriculture Secretary Francisco Tiu Laurel Jr. yesterday as NFA facilities remain closed amid the suspension order of the Office of the Ombudsman......»»
Subic road rage driver suspended
The Land Transportation Office has suspended the driver of a sport utility vehicle tagged in a road rage incident at the Subic Bay Freeport in Bataan, LTO chief Vigor Mendoza II said yesterday......»»
Sariaya STL operations suspended
Small-town lottery operations in this town have been suspended......»»
Classes in all levels in Davao City suspended Friday
DAVAO CITY (MindaNews 1 February) – Classes in all levels in Davao City will be suspended on Friday—third day in a row since Wednesday—due to heavy rains brought by the trough of the low pressure area. The city government here posted on its Facebook page at 7:34 p.m. Thursday Proclamation No. 6, Series of 2024, […].....»»
CHED Commissioner Darilag suspended
Suspended CHED official Aldrin Darilag was designated to the position by former President Rodrigo Duterte in 2019......»»
Classes suspended in Davao City, three Davao provinces amid heavy rain
Classes in all levels are suspended in Davao City, Davao del Norte, Davao de Oro, and Davao Oriental today, January 16, following heavy rains and bad weather conditions brought by the shear line weather......»»
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......»»
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations.....»»