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BSP on guard vs inflation risks amid El Niño

The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Remittances soar to P33.5 billion in 2023 – BSP

MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Market climbs ahead of BSP meeting

The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Finally, a complete 7-member Monetary Board

Last Friday, Jan. 26, marked a turning point for Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, with him finally comfortably hosting this year’s annual reception for the banking community outdoors at the BSP compound’s historic Fort San Antonio Abad on a cool early evening, with a relaxed business casual suit but no tie dress code, and finally with a complete seven-member Monetary Board......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

USD3.32-B Loan Approved by BSP

On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»

Category: newsSource:  metrocebuRelated NewsJan 24th, 2024

BSP partners with Baiphil

BSP partners with Baiphil.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

BSP boss shines spotlight on insider trading

As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Sofitel closes after 51 years, citing ‘safety issues’

The 51-year-old Sofitel Philippine Plaza Manila in Pasay City will close its doors starting July 1......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

One chapter closes, another one begins in Gary V’s 40-year career

Gary Valenciano was pure energy personified at his three-hour “Pure Energy: One Last Time” concert, never leaving the stage from start to finish of what he described as the “season finale” of his 40th year as a performer......»»

Category: entertainmentSource:  philstarRelated NewsApr 30th, 2024

Index closes flat on lack of market-moving news

The stock market opened the week with minimal gains as investors waited for catalysts......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Muhammad Alis Thrilla in Manila shorts expected to smash auction records - Muhammad Ali

Bids for trunks from 1975 fight against Joe Frazier could reach $6m in online Sothebys auction The shorts worn by Muhammad Ali during his famous Thrilla in Manila fight in 1975 are expected to smash auction records at Sothebys in New York next week. The white satin Everlast trunks, which Ali signed with a black Sharpie pen, have attracted bids of $3.8m (3m) in an online auction that closes on 12 April. That puts the trunk.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Taguig closes Makati park for alleged lack of permits

The Taguig City government has ordered the closure of the Makati Park and Garden for allegedly not having the necessary permits to operate......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

A 97-year-old Philippine company closes down

Sugar refiner Central Azucarera Don Pedro in Nasugbu, Batangas, terminates all its employees, saying 'increased sugar importation' by the government in the past years hurt its operations. Thousands of sugarcane planters and field workers are affected......»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

Fencer Maxine Esteban closes in on Olympic slot, but not for PH team

Top Filipino fencer Maxine Esteban inches closer to qualifying for the Paris Games, but this time representing Ivory Coast, which she thanked for giving her a ‘shot to retake’ her dream to compete in the Olympics.....»»

Category: newsSource:  rapplerRelated NewsFeb 29th, 2024

Serious crash near Helensville closes busy road

Police are responding to a serious crash in South Head, Auckland.The crash between two vehicles near the intersection of Evans Road and South Head Road was reported at about 9.51am.Three people were injured in the crash and transported to hospital, one in a serious condition, two others in a moderate condition.The crash has closed South Head Road in both directions.Traffic management is in p.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Pakistan suspends mobile services, closes land borders to secure voting

Pakistan's election is being held in the midst of a deep economic crisis and in a highly polarized political environment. Analysts believe no clear winner may emerge......»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024