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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

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 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

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......»»

Category: financeSource:  philstarRelated NewsJan 29th, 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

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Mga sibuyas farmer binabarat uli ng mga trader

Kinastigo ni ACT-CIS Party-list Rep. Erwin Tulfo ang mga trader na nambabarat umano sa mga magsasaka ng sibuyas. The post Mga sibuyas farmer binabarat uli ng mga trader first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Sara tagilid kay Raffy sa 2028 eleksiyon

Mahihirapan si Vice President Sara Duterte na talunin sa 2028 presidential elections si Senador Raffy Tulfo, ayon sa political analyst na si Ronald Llamas. The post Sara tagilid kay Raffy sa 2028 eleksiyon first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

NEWS BRIEFS | 25 March 2024 

Senate eyes probe of resorts within the slopes of Mt. Apo  Following the controversy involving the establishment of a resort reportedly within the famed Chocolate Hills in Bohol province, Senator Raffy Tulfo, chair of the Senate Committees on Energy and Migrant Workers, is setting his sights on the resorts located on the slopes of Mt. […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

Tulfo grills PCSO execs on winners

A lotto winner who claimed prizes 36 times in a span of just six months and a bettor who gambled P90 million to actually win a P640-million jackpot were among the issues the Philippine Charity Sweepstakes Office executives answered at a hearing of the Senate committee on games and amusement yesterday......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

PCSO: No multiple winner of lotto jackpots

The Philippine Charity Sweepstakes Office has denied allegations by Sen. Raffy Tulfo that a lone bettor won the lotto jackpot 20 times......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Bodyguard of 4 kidnapped Chinese surrenders

The driver and bodyguard of four Chinese women who were kidnapped and robbed, reportedly by police officers, in Parañaque last year surrendered to House Deputy Majority Floor Leader Erwin Tulfo Thursday morning......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Of senators and bilyonaryos

The buzz among some of the country’s billionaires these days is how Senator Raffy Tulfo called out tycoon Isidro “Sid” Consunji, chairman and CEO of DMCI Holdings Inc., for supposedly dozing off during a Senate hearing last week......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

PCSO losing P.5 million a day due to canceled lotto tickets

MANILA, Philippines — The Philippine Charity Sweepstakes Office (PCSO) reported on Thursday that the agency is losing approximately half a million daily due to canceled lotto tickets. During the hearing of the Senate committee on ways and means led by Senator Raffy Tulfo,  Philippine Online Lotto Agents Association President Evelyn Javier said that agents have.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

‘Congress may review NGCP’s franchise’

The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024