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......»»
MOU on crude coconut oil export to Europe
The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»
7 face raps for selling GCash accounts
Criminal charges were filed against seven people who were arrested for allegedly selling their GCash accounts in Quezon City, the National Bureau of Investigation said on Friday afternoon......»»
GCash targets to go public in H2
E-wallet leader GCash is preparing to offer its shares to the public in the second half of the year as it pushes on with its aggressive expansion to sustain its leadership in financial technology......»»
German FM: Rising tensions in SCS a concern for Europe
Rising tensions in the region and China’s dangerous actions against the Philippines as well as developments in the South China Sea are of concern for Europe, Germany’s Foreign Minister Annalena Baerbock said yesterday......»»
GCash, NBI tighten tieup vs scams
E-wallet giant GCash has signed an agreement with the National Bureau of Investigation to strengthen its campaign against scams within the platform......»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
Bill ensuring employability of seniors gets House nod
Efforts to ensure employment for senior citizens gained a boost after the House committee on ways and means yesterday approved a bill providing for it......»»
Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty
The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»
Vatican and Rome enter final dash to 2025 Jubilee with papal bull and around-the-clock construction
Vatican and Rome enter final dash to 2025 Jubilee with papal bull and around-the-clock construction.....»»
Up to 2 cyclones may enter PAR this month
One or two tropical cyclones may enter the Philippine area of responsibility this month......»»
Cebu Pacific, The Vanguard Academy enter partnership
Cebu Pacific, The Vanguard Academy enter partnership.....»»
MCWD on lockdown; new acting GM not allowed to enter
MCWD on lockdown; new acting GM not allowed to enter.....»»
8 to 11 typhoons to enter PAR
Eight to 11 typhoons are expected to enter the country this year, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Pullman brand to enter Cebu in 2025 with over 1,000 rooms
Pullman brand to enter Cebu in 2025 with over 1,000 rooms.....»»
Pagasa says LPA may not enter PAR, but trough to bring rain in Mindanao
MANILA, Philippines — The low pressure area monitored outside the Philippine area of responsibility (PAR) is unlikely to enter PAR, state meteorologists said on Sunday afternoon. “Itong low pressure area sa labas ng ating Philippine area of responsibility, mababa ang tiyansa na pumasok nga sa ating area of responsibility,” specialist Veronica Torres explained in a.....»»
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......»»