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Women shaping Philippine monetary policy
Women have made significant strides as leaders in the Philippine financial services industry even as challenges continue to persist. At the helm are two distinguished female members of the Monetary Board (MB) – the policy-setting body of the Bangko Sentral ng Pilipinas (BSP) –both of whom are breaking the bias for women in finance......»»
Bankers celebrate anew at BSP’s Fort San Antonio Abad
Former Bangko Sentral ng Pilipinas governors and officials, Monetary Board members, Finance secretaries, members of the diplomatic community and who’s who in the Philippine banking community trooped to the central bank headquarters in Manila last Friday......»»
Recto joins BSP’s Monetary Board
Newly appointed Finance Secretary Ralph Recto has formally assumed the role of the government’s representative to the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas......»»
Marcos names UP economics professor as finance undersecretary
President Marcos has appointed University of the Philippines Economics associate professor Renato Reside as undersecretary of the Department of Finance, the Presidential Communications Office announced yesterday......»»
E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery
By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»
Ralph Recto’s game plan
On March 20, 2024, at the Fairmont Hotel ballroom, the Manila Overseas Press Club holds its “Finance Night” with Finance Secretary Ralph G. Recto as guest of honor and speaker......»»
SEC strengthens push for sustainable finance
The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»
HIRING | Project Finance Officer
The Mindanao Institute of Journalism, Inc. is looking for a Project Finance Officer......»»
Finance officer sa mga terorista nadakpan
Finance officer sa mga terorista nadakpan.....»»
SB Finance bags Asian Management Excellence Awards 2024
SB Finance has been recognized by the Asian Management Excellence Awards 2024 with the citation “Philippines - Team of the Year - Financial Services” during the awarding ceremony held recently in Bangkok, Thailand......»»
New finance chief eyes carbon tax
Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»
Ralph Recto sworn in as new Secretary of Department of Finance
House Deputy Speaker Ralph Recto [link] was sworn in as the new Secretary of the Department of Finance on Friday, replacing the former Secretary, Benjamin Diokno, in a move that has been seemingly in the works for quite some time......»»
Ralph Recto named as new Finance secretary
In a statement, Senate President Juan Miguel Zubiri said that he welcomes Recto’s appointment as the new Finance chief, remarking that Recto was known in the Senate as the “resident numbers genius.”.....»»
BSP to banks, financial institutions: Prioritize national ID as top identification
The central bank said that institutions should “adopt enhanced measures to ensure the broad acceptance of the PhilID” whether its physical or electronic version as a valid proof of identity and age for all financial transactions. .....»»
ASEAN cross-border remittance service to go live by 2026 – BSP
The Bangko Sentral ng Pilipinas along with other central banks in the region aims to operationalize multilateral cross-border fund transfers by July 2026......»»
Alternergy unit secures P8 billion for wind energy project
Renewable energy firm Alternergy Holdings Corp. borrowed P8 billion from two banks to finance the construction of a 112 megawatt wind power project in Rizal province......»»
NEWS BRIEFS | 7 June 2024
NPC to Balo-i residents: avoid banks of Agus River starting June 13 The National Power Corporation (NPC) has warned residents of Balo-i town in Lanao del Norte to avoid the banks of Agus River beginning on June 13 when it will start repairs of its 158.1 megawatt Agus 4 hydroelectric power plant. In a statement […].....»»
PDIC recommends depositing in banks than e-wallets for better security
The Philippine Deposit Insurance Corp. is encouraging Filipinos to recognize the personal and national value of depositing in banks for better financial security......»»
BSP may cut big banks’ RRR to 5 percent
The Bangko Sentral ng Pilipinas (BSP) is looking at a significant reduction in the level of deposits banks are required to keep with the central bank after it starts cutting interest rates this year, its top official said......»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»