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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

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.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 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

Xinhua world economic news summary at 0900 GMT, Jan. 19

MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 19

MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»

Category: newsSource:  manilanewsRelated NewsJan 19th, 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

Cops told to remove visible tattoos to keep professional image

CEBU CITY, Philippines – Policemen with visible tattoos even when wearing their uniform must remove their body art to maintain a professional image. This was the instruction stated in Memorandum Circular 2024-023 regulating the bearing and sporting of tattoos among law enforcers, applicants, and cadets in the academy. Police Lieutenant Colonel Gerard Ace Pelare, spokesperson.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Public school teachers, employees may wear alternative uniforms — DepEd

MANILA, Philippines — Amid high temperatures across the country, public school teachers are allowed to wear collared Department of Education (DepEd) polo shirts.  This is according to DepEd on Monday.  “Dulot ng mainit na panahon sa buong bansa, pinahihintulutan ang lahat ng DepEd teaching at non-teaching personnel [na magsuot ng alternate uniform],” DepEd said in.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

Wearing of PNP uniforms is illegal, police exec reminds civilians

CEBU CITY, Philippines — Civilians are prohibited by law from wearing police uniforms or other uniforms of law enforcement agencies in the Philippines. This was the reminder of Police Lieutenant Colonel Janette Rafter, deputy director for operations of the Cebu City Police Office (CCPO). READ: ‘Policewoman’ nabbed, charged for unauthorized use of PNP uniform, ID.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill

DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

SC to Metro Manila LGUs: Follow single-ticketing system

The Supreme Court has ordered local government units in Metro Manila to stop issuing their own traffic violation receipts and confiscating driver’s licenses and instead comply with the Metropolitan Development Authority uniform or single-ticketing system......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

BTS RM naka-military band uniform at may saxophone viral na

KAHIT abala sa mandatory military service ng South Korea, hindi pa rin nakakatakas sa mata ng publiko si RM, ang isa sa miyembro ng K-Pop sensation na BTS. Kumakalat ngayon sa X (dating Twitter) ang litrato ng global K-Pop star na kabilang sa military band. Makikita sa viral photo na suot ni RM ang pulang.....»»

Category: newsSource:  inquirerRelated NewsFeb 19th, 2024

Maasai Mara tourists evacuated due to flooding – The Daily Guardia

Heavy rains in Kenya have wreak havoc in the country, causing flooding in various parts of the nation. The Maasai Mara national reserve has been.....»»

Category: newsSource:  thedailyguardianRelated NewsMay 1st, 2024