MANILA–The Philippines registered a deficit on its balance of payment (BOP) position in January 2017 but a central bank official remains optimistic on the full year...
MANILA— Strengthening of the US dollar against other currencies along with repayments by the national government (NG) of its foreign liabilities helped lower the Philippines’ outstanding...
MANILA—Philippine banks are now required to have a social media risk management program to protect it from possible reputational risks, among others. This measure was approved...
MANILA—Bangko Sentral ng Pilipinas (BSP) does not need to mirror the latest hike in the Federal Reserve’s key rates. This was stressed by BSP Governor Amando...
MANILA—Good understanding of the Bangko Sentral ng Pilipinas (BSP) governor’s job, patience and a knowledge of how to work with the central bank. These are the...
MANILA—Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. on Friday said ASEAN and EU policy makers and investors need to adjust to latest global developments...
MANILA—The government’s financial inclusion program got another boost Tuesday after the signing of a memorandum of agreement (MOA) that increased the age limit of kiddie account...
In a report provided by the US State Department, the Philippines is tagged as a major hub for money laundering and a gateway for transnational drug...
MANILA—The Bangko Sentral ng Pilipinas (BSP) forecasts inflation rate in February 2017 to increase to a range between 3.1 to 3.9 percent. This range is higher...
The Bangko Sentral ng Pilipinas (BSP) reported a 5% growth in OFW remittances, surpassing its 4% growth target. It has been reported that remittances amounted to...