Monetary Board member quits over ‘ghost’ scandal
A member of the Monetary Board of the Bangko Sentral ng Pilipinas has resigned amid the controversy over ghost employees involving officials of the MB, the BSP’s policy-making body......»»
New Year fitness resolutions, says Derek Ramsay’s ex Joanne Villablanca
It has been five years since actor Derek Ramsay and model and fitness expert Joanne Villablanca called it quits, and Joanne is a mom to a 16-year-old, but she does not look 34 years old......»»
Philippines suspends over 130 officials over rice sale scandal
MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»
Philippines suspends over 130 officials over rice sale scandal
MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»
‘IMPROPER DISBURSEMENTS’ | NEA dismisses 2 Noceco GMs, 12 board of directors over alleged anomalies
‘IMPROPER DISBURSEMENTS’ | NEA dismisses 2 Noceco GMs, 12 board of directors over alleged anomalies.....»»
Anti-Indecency Board fines Brigada over ‘controversial’ radio interview
Anti-Indecency Board fines Brigada over ‘controversial’ radio interview.....»»
Daluz board out; LWUA takes over MCWD
Daluz board out; LWUA takes over MCWD.....»»
MB roster a mix of ‘hawks and doves’ – ING
Dutch financial giant ING said the policy-making body of the Bangko Sentral ng Pilipinas is divided when it comes to the country’s monetary stance with the completion of the seven-member roster......»»
BSP’s monetary board retains policy rate at 6.5%
This has been the fifth time the MB kept the interest rate since its off-cycle policy rate hike in October 2023 to mitigate supply-side inflation pressures......»»
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 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......»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
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......»»
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 […].....»»
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......»»
Court of Appeals junks ex- VP Binay’s libel case vs Trillanes
The Court of Appeals has affirmed with finality its decision junking the libel case filed by former vice president Jejomar Binay against former senator Antonio Trillanes IV over his implication that Binay was involved in an alleged P100 million-a-year racket on “ghost” senior citizens......»»
Sandiganbayan acquits Jinggoy Estrada of plunder over PDAF scam
Estrada, however, is found guilty of one count of bribery and two counts of indirect bribery after allegedly pocketing P183 million in kickbacks from ghost projects masterminded by Napoles. .....»»
EDITORIAL - How high does it go?
Since the corruption scandal erupted over the sweetheart deal awarded to Pharmally Pharmaceutical Corp., people have wondered how high up accountability would go......»»
EDITORIAL - Another BI scam
You’d think the scandal over the so-called pastillas scam would have taught Bureau of Immigration personnel valuable lessons in honest public service......»»
Japan Navy helicopters crash: Major search operation ongoing
A major search operation continued off Japan on Monday for seven people missing after two navy helicopters apparently collided over the weekend, with one crew member confirmed dead. The SH-60K helicopters each with four crew on board were conducting submarine location drills late on Saturday off the Izu Islands in the Pacific Ocean. Ten ships.....»»