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BSP explores impact of Gen AI in banking
The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»
Fight vs inflation far from over – BSP
Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»
BSP to issue new guidelines for MSBs
The Bangko Sentral ng Pilipinas is finalizing a new regulatory framework for money service businesses to ensure that risks remain manageable amid the evolving industry......»»
BSP keeps policy rate at 6.5%
In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»
Heatwaves Put Millions of Children in Asia at Risk: UN
TEHRAN (Tasnim) - Massive heatwaves across East Asia and the Pacific could place millions of children at risk, the UN warned Thursday, calling for action to protect vulnerable people from the soaring temperatures. - Other Media news - Global monitors have warned that 2024 is shaping up to be the hottest year on record, marked by climate extremes and rising greenhouse gas emissions, AFP reported.The U.....»»
Public warned vs rabies
Public warned vs rabies.....»»
Mandaue market vendors warned vs overpricing
Mandaue market vendors warned vs overpricing.....»»
Zamboanga City residents warned against bushfires
Zamboanga City residents warned against bushfires.....»»
Moalboal tourists warned vs. violations
Moalboal tourists warned vs. violations.....»»
Abueva warned of another PBA ban
PBA commissioner Willie Marcial on Wednesday said he warned Magnolia Hotshots forward Calvin Abueva of a possible ban if he pulls off another discriminatory antic or gesture......»»
Balikbayan box senders warned vs. 16 forwarders
Balikbayan box senders warned vs. 16 forwarders.....»»
Constitutional crisis now ‘slowly happening’ says Zubiri
MANILA, Philippines — They have warned of a possible constitutional crisis, and according to Senate President Juan Miguel Zubiri, it’s “slowly happening.” “We have warned about a possible constitutional crisis and tried to avoid it. But unfortunately, it seems that this is slowly happening,” Zubiri said in a statement on Friday. “We hope this crisis.....»»
Interest rates to remain at 6.5% — BSP
The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»