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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......»»
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......»»
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.....»»
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.....»»
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......»»
PDRRMO-DavOr continues to monitor calamity-prone areas despite El Niño
DESPITE the peak of the El Niño phenomenon, the Provincial Disaster Risk Reduction and Management Office (PDRRMO) of Davao Oriental vowed to continue monitoring calamity-prone areas in their jurisdiction......»»
BSP chief: GDP grew at faster pace in Q4
Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
‘Quiboloy warrant stands despite SMNI franchise revocation’
Despite the revocation of the franchise of Sonshine Media Network International (SMNI), the arrest warrant issued against pastor Apollo Quiboloy by the House of Representatives committee on legislative franchises still stands......»»
Fish catch in West Philippine Sea grows despite tensions with China
Despite rising tensions with China, the Philippines expanded its fish catch in the West Philippine Sea (WPS) last year to a four-year high of over 200,000 metric tons on the back of higher state support to fishermen......»»
Boys Over Flowers star Oguri Shun, Han Hyo Joo to star in romantic series — reports
Korean actress Han Hyo-joo is reportedly going to star with Japanese star Oguri Shun in a romantic comedy series......»»
Metrobank sees BSP rate cuts in Q4
Metropolitan Bank & Trust Co. expects the Bangko Sentral ng Pilipinas (BSP) to start cutting interest rates in the fourth quarter and maintain a restrictive policy environment for the most part this year amid upside risks to inflation......»»
British Chamber expects passage of anti-agricultural economic sabotage act
The British Chamber of Commerce Philippines looks forward to the passage of the Anti-Agricultural Economic Sabotage Act to further assist on inflation and food supply–echoing the government’s prioritization of imposing stringent measures to protect the local farmers and consumers. .....»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»
‘Dangerous’ heat indices expected in 28 areas on May 28
MANILA, Philippines — Even amid the presence of Typhoon Aghon, 28 areas are still forecast to reach “dangerous” level peak heat indices of above 42ºC (degrees Celsius), said the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s latest computed heat index forecast, the highest index is expected to reach 46ºC, specifically in.....»»
Survey: Rep. Zamora is top performer
REPRESENTATIVE Maricar Zamora of Davao de Oro District 1 has been named the top-performing representative in the Davao Region for the first quarter of 2024, according to the 'Boses ng Bayan' (Voices of the People) national survey conducted by the RP-Mission and Development Foundation Inc. (RPMD)......»»