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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.....»»
Finally, a complete 7-member Monetary Board
Last Friday, Jan. 26, marked a turning point for Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, with him finally comfortably hosting this year’s annual reception for the banking community outdoors at the BSP compound’s historic Fort San Antonio Abad on a cool early evening, with a relaxed business casual suit but no tie dress code, and finally with a complete seven-member Monetary Board......»»
GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph
GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
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 […].....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- 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 deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- 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 deposits with the BSP.....»»
BSP partners with Baiphil
BSP partners with Baiphil.....»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
‘Media is a public good:’ Closure of CNN Philippines draws concerns from UN expert
The United Nations special rapporteur on freedom of expression and opinion said that the recent closure of CNN Philippines is a "worrying sign" for media freedom in the country......»»
House OKs bill revoking franchise of SMNI on final reading
The House Bill which seek to revoke the franchise of Sonshine Media Network International has received 284 yes notes from the members of the House of Representatives......»»
Van plows into house in Philippines, killing 1, injuring 4
MANILA, March 15 (Xinhua) -- A delivery van plowed into a house along a highway in Quezon province of the Philippines, southeast of Manila, on Friday morning, killing the driver and injuring four others, police said. Police said the freight forwarder closed van truck was traveling to Unisan town from Manila when it crashed into a roadside house around 6 a.m. local time, killing the driver on the spot. A r.....»»
Solenn, Nico gipabuhatan og maanindot nga staff house ang mga katabang, driver
“PARANG gusto ko na lang mag-apply at magtrabaho bilang kasambahay kina Solenn Heussaff at Nico Bolzico!” Mao na ang hirit sa uban nga mga netizen sa dihang nalantaw nila ang bongga nga pa-house tour series sa Kapuso actress ug celebrity mom sa iyang YouTube channel. Basaha Pod Ni: Solenn, Nico ipinagawa ng bonggang staff house ang mga kasambahay,.....»»
House moves closer to Cha-cha goal after 6 hearings
The House of Representatives, meeting as a whole committee, took a significant step towards Charter change (Cha-cha) by approving Resolution of Both Houses No. 7 (RBH 7) on Wednesday. This step is similar to endorsing a committee report. House leaders anticipate the next stage, the approval on second reading, to occur next Wednesday or before.....»»
House eyes bigger wage hike of up to P350 a day
MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»
Bucana fire damages house and 3 establishments
DAVAO CITY (MindaNews / 18 February) – One house and three establishments were destroyed by fire in Barangay 76-A Bucana Davao City at 3:30 a.m. on Sunday. Capt. Hazel Tuazon, spokesperson for Davao City Police Office (DCPO), said the fire started from the two-story house of Michelle Bolos, a 43-year-old businesswoman, and immediately spread to adjacent establishments. […].....»»
‘House outperforms Senate in approving LEDAC bills’
Key officials of the House of Representatives have floated the disparity in the legislative performance of the two chambers of the bicameral Congress, where the Senate paled in comparison to the House......»»