Caricature showing effects of labpr migration

Economy, News

Beyond remittances: PIDS study calls for holistic policymaking for OFWs

calendar_today January 31, 2024 schedule 3 min read

While remittances from Overseas Filipino Workers (OFWs) have become a vital lifeline for the Philippine economy, a new study by the Philippine Institute for Development. Read More...

Photo of BSP Governor Eli M. Remolona, Jr. attending various functions at the World Economic Forum 2024

Economy, News

BSP Governor Remolona Jr. joins World Economic Forum 2024

calendar_today January 29, 2024 schedule 3 min read

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. recently participated in key sessions at the World Economic Forum (WEF) held earlier this year. Read More...

Caricature showing the various financial services of BankCom

News, Payment

BankCom sees growing Japan market, launches all-in-one remittance/investment platform for OFWs

calendar_today January 25, 2024 schedule 3 min read

Bank of Commerce (BankCom), the affiliate bank of San Miguel Corporation (SMC), is seeing a larger market potential for its “SIKAPPINOY Asenso” (Asenso) all-in-one remittance,. Read More...

BSP Assistant Governor Arifa Ala while receiving the “Most Influential Women in Islamic Business and Finance” Award from WOMANi’

Banking and Finance, News

AG Ala, assistant governor of BSP, bags WOMANi Award anew

calendar_today January 25, 2024 schedule 3 min read

Arifa A. Ala (a.k.a. AG Ala), assistant governor of the Bangko Sentral ng Pilipinas (BSP), has once again been named one of the “Most Influential. Read More...

Caricature showing investment lending for public sector financing.

Economy, News

Monetary Board approved US$3.32-B foreign borrowings of the public sector in Q4 of 2023

calendar_today January 24, 2024 schedule 2 min read

For the period October to December 2023, the Philippine Monetary Board has approved seven (7) public sector medium-to-long-term (MLT) foreign borrowings totalling US$3.32 billion. The. Read More...

BSP Governor Eli M. Remolona, Jr., chairperson of the Philippine Monetary Board, is shown here while administering Secretary Recto’s oath of office as MB Member

Banking and Finance, News

Newly-appointed Finance Secretary Recto joins PH Monetary Board as Cabinet representative

calendar_today January 22, 2024 schedule 2 min read

President Ferdinand R. Marcos, Jr. has recently designated Finance Secretary Ralph G. Recto as Cabinet representative to the Monetary Board (MB), the highest policy-making body. Read More...

Former Finance Secretary Benjamin Diokno during his appointment as a new member of the Monetary Board

Banking and Finance, News

Former Finance Sec. Benjamin Diokno completes Monetary Board

calendar_today January 18, 2024 schedule 2 min read

After completing his tenure as chief of the Department of Finance, former Finance Secretary Benjamin E. Diokno was recently appointed as a full-time Member of. Read More...

Photo showing real estate, development and investing concepts with financial chart indicators and stock market graphs on city skyscrapers

Economy, News

FSCC to prioritize strengthening of the corporate bond market in 2024

calendar_today January 15, 2024 schedule 3 min read

Strengthening the corporate bond market is high on the list of priorities of the Financial Stability Coordination Council (FSCC) in 2024. In its last meeting. Read More...

BSP Governor Eli M. Remolona, Jr. and BAIPHIL President Racquel B. Mañago while shaking hands after signing a memorandum of understanding (MOU) covering collaboration on productivity enhancements for banks through research, information, and education

Banking and Finance, News

BSP formalizes partnership with BAIPHIL

calendar_today January 8, 2024 schedule 3 min read

The Bangko Sentral ng Pilipinas (BSP) and the Bankers Institute of the Philippines (BAIPHIL) formalized their long-standing partnership recently with the signing of a memorandum. Read More...

Poster showing the PH economy's 3rd quarter performance in 2023

Economy, News

PH economy grew faster in Q3, but net external liability position reached US$50-B in September

calendar_today January 5, 2024 schedule 6 min read

The Bangko Sentral ng Pilipinas (BSP) has just released a media advisory announcing the results of the country's latest economic performance which, according to the. Read More...

Illustrated photo of a USDC stable coin from Shutterstock.com

Crypto, News

Circle and Coins.ph form partnership to promote USDC stablecoin usage in the Philippines

calendar_today December 28, 2023 schedule 3 min read

Coins.ph, the Philippines' leading cryptocurrency exchange and digital wallet provider, has announced a strategic partnership with Circle Internet Financial (Circle), a global fintech firm and. Read More...

A man holding a mobile phone while making transactions using PESONet and InstaPay

News, Payment

BSP maintains cap on InstaPay and PESONet fees

calendar_today December 27, 2023 schedule 2 min read

The Bangko Sentral ng Pilipinas (BSP) has maintained the moratorium on InstaPay and PESONet fees, according to Monetary Board Resolution No. 1599 dated December 7,. Read More...