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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......»»
GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph
GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»
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......»»
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 […].....»»
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.....»»
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.....»»
BSP partners with Baiphil
BSP partners with Baiphil.....»»
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......»»
‘it’s a long series’
It’s good to land the first blow on a resilient rival. But for San Miguel Beer and Ginebra, it wouldn’t really mean much in the greater scheme of things if they couldn’t follow through......»»
Pharma firm Bell-Kenz to file charges vs accusers
Pharmaceutical firm Bell-Kenz Pharma Inc. is turning the tables on those who accused the company of engaging in a “prescription for sale” scheme......»»
DTI proposes perks for manufacturing, use of e-vehicles
The Department of Trade and Industry is coming up with a draft executive order for a proposed incentive scheme to encourage the manufacture and use of electric vehicles, which it hopes to present to President Marcos this year......»»
Pharma CEO denies illegal marketing, unethical practices
The Bell-Kenz pharmaceutical company does not use the multi-level marketing scheme and sells medicines at a lower cost compared to other brands, cardiologist and chief executive officer Dr. Luis Raymond Go said......»»
Northern Luzon areas adopt 4-day work week due to heat
The city of Cauayan in Isabela and the municipality of Santa in Ilocos Sur have adopted a four-day work week scheme due to extreme heat......»»
Pharma firm denies pyramid scheme, admits doctor incentives
Bell-Kenz Pharma Inc. Chief Executive Officer Luis Raymond Go described the claims as “misinformation” and said the firm, owned by a group of doctors, adhered to government allegations. .....»»
Doctors accepting gifts from drug firms may lose license – DOH
MANILA, Philippines — Doctors who have been proven to accept gifts from pharmaceutical companies in exchange for prescribing certain products may face suspension or revocation of their licenses, an official from the Department of Health (DOH) said on Tuesday. According to DOH Assistant Secretary Albert Domingo, the DOH is investigating allegations of the scheme and.....»»
Baguio City LGU presents traffic plan for holiday season
BAGUIO CITY, Dec. 17 (PNA) — Baguio City Mayor Mauricio Domogan on Thursday said that a traffic scheme has been prepared to respond to the projected influx of tourists during the Christmas........»»
BI rescues Pinay ‘mail-order bride’
The Bureau of Immigration rescued a Filipina who was about to be a victim of a “mail-order bride” scheme, the BI said yesterday......»»
3 nabbed for using FL’s name in extortion scheme
Three persons are facing criminal charges following their arrest in Pasay City for allegedly using the name of First Lady Liza Marcos in extorting P5 million from a businessman......»»
PNP nabs scammers using first lady s name for extortion
Philippine National Police Criminal Investigation and Detection Group said that the swindlers who use the name of First Lady Liza Araneta-Marcos for their scheme extorted P5 million from a businessman......»»
Landbank, BOC streamline payment system
The Bureau of Customs and the Land Bank of the Philippines have teamed up to facilitate a digital payment scheme for various customs processes......»»