We are sorry, the requested page does not exist
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- 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 dep.....»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
BOP swings to deficit in January
The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the government paid its foreign currency debt obligations......»»
US threatens Turkish businesses over Russia trade
American officials have reportedly visited Trkiye to persuade banks and companies to cut ties with the sanctioned country Turkish businesses are at risk of being banned from carrying out currency operations if they continue to trade with Russia, RIA Novosti reported on Wednesday, citing the news outlet Aydinlik. .....»»
Peso weakness could prompt rate hike anew – IMF
Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
World champion Collazo calls out Jerusalem for a unification bout
CEBU CITY, Philippines — The reigning World Boxing Organization (WBO) world minimumweight champion Oscar “El Pupilo” Collazo didn’t give the newly-crowned World Boxing Council (WBC) world minimumweight Melvin “Gringo” Jerusalem enough time to celebrate. Collazo immediately called out Jerusalem for a unification bout and a rematch following the latter’s split decision victory to dethrone erstwhile.....»»
Jerusalem ends PHL’s world title drought in boxing, wins WBC minimumweight belt in Japan
CEBU CITY, Philippines — Finally, the Philippines ended its world title drought in boxing after Melvin “Gringo” Jerusalem dethroned Yudai Shigeoka via split decision to win the World Boxing Council (WBC) world minimumweight title on Sunday, March 31, in Nagoya, Japan. Jerusalem flexed his winning might against the heavily favored Japanese world champion after knocking.....»»
Ancajas, Inoue make weight for WBA world title duel in Tokyo
CEBU CITY, Philippines—- Former world champion Jerwin Ancajas had to strip off his undergarments during Friday’s weigh-in to get the contracted weight for his world title duel against Japanese Takuma Inoue. Ancajas and Inoue will fight for the World Boxing Association (WBA) world bantamweight crown on Saturday, Feb. 24 at the Kokugikan Arena in Tokyo,.....»»
Ancajas arrives in Japan for February 24 world title bout vs. Inoue
CEBU CITY, Philippines — With less than a week before his much-anticipated world title fight, Jerwin “Pretty Boy” Ancajas arrived in Japan on Sunday, February 18. Ancajas guns to become a two-division world champion by taking on the reigning World Boxing Association (WBA) world bantamweight champion Takuma Inoue, the younger brother of Japanese boxing superstar Naoya.....»»
Andales challenges Shigeoka for IBF world minimumweight title
CEBU CITY, Philippines— One-time world title challenger ArAr “Asero” Andales has earned another world title shot, this time against the reigning International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka of Japan. Andales and Shigeoka’s world title bout is scheduled for March 31 at the International Conference Hall in Nagoya, Japan. Shigeoka will be one.....»»
Jerusalem, Amparo make weight for Japan world title bouts
CEBU CITY, Philippines — Former world champion Melvin “Gringo” Jerusalem and world-rated Jake “El Bambino” Amparo will attempt to dethrone the vaunted Shigeoka brothers in their separate world title bouts on Sunday, March 31, in Nagoya, Japan. Jerusalem eyes a repeat of his 2023 shocking world title victory against Masataka Taniguchi by taking on Yudai.....»»
Andales cancels IBF world title fight in Japan
CEBU CITY, Philippines — Filipino ArAr Andales reportedly withdrew from his world title bout on March 31 in Nagoya, Japan. Andales was scheduled to fight the reigning International Boxing Federation (IBF) world minimumweight champion, Ginjiro Shigeoka of Japan. Their world title duel was supposedly a double-header world title bout with fellow Filipino Melvin Jerusalem gunning.....»»
Peso may outperform peer currencies this year
The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»
Isinusulong na Cha-cha, Peso initiative not peoples initiative — Senador
NANINIWALA si Senador Sherwin Gatchalian na hindi maaring tawagin pang Peoples Initiative kundi Pera initiative na ito ay dahil kapalit ng paglagda ng taong bayan ay may kapalit na halaga. Ayon kay Gatchalian batay sa impormasyong kanyang nakalap sa bawat pirma ng isang tao ay mayroong kapalit na isang daan o dalawang daang piso. Kung ….....»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Big Dome, MOA eyed for FIVB world meet
The Philippines will be the only second Asian country, next to Japan, to host the FIVB Men’s World Championship when the 32 best teams in the world converge on local soil to duke it out for the coveted volley crown on Sept. 12 to 28 next year......»»
Quizon second in Hanoi Grandmaster tourney
Olympiad-bound International Master Daniel Quizon continued his strong showing as he finished second in the second group of the two-bracket Hanoi Grandmaster Closed Tournament in Vietnam recently......»»
I married my first love : Jennylyn Mercado, Dennis Trillo get candid on second-chance love
Sitting down with Karen Davila, Dennis Trillo and Jennylyn Mercado talked about how they've grown more mature over the years as they tried love the second time around and what made their second chance at love work. .....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»