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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......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 24th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 19th, 2024

BSP partners with Baiphil

BSP partners with Baiphil.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

No sugar MAV this year – SRA

The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Fed Chief Powells Remarks on March Rate Cut Unlikely to Cause Stock Tumble: The Daily Guardians Guide to Navigating the Market

Title: Market Rebounds After Fed Chief’s Comments, Tech Stocks Experience Declines Subtitle: Investors Advised to Be Cautious Amidst Volatility Date: [Insert Date] Author: [Your Name].....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

PSEi tumbles as Fed quashes rate cut hopes

Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

BSP: Inflation likely eased further in January

Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Hot weather in Cebu to continue despite low pressure disturbance

Hot weather in Cebu to continue despite low pressure disturbance.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Serial blunders & low on dough

The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Serial blunders & low on dough

The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Serial blunders & low on dough

The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

DOH: Anthrax risk very low for most Filipinos

The chance of getting infected with anthrax is "very low" for most people, the Department of Health said after cases of the infectious disease were reported in other countries. .....»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024