Page 115 - Bsp News Today

Read the letters to the editor for Sept. 4.

Monetary authorities have done enough to stabilize the peso that hit a new all-time low on Friday despite aggressive rate hikes from the central bank, according to Bangko Sentral ng Pilipinas Governor Felipe Medalla.

Tender and juicy, these grilled chicken thighs are an affordable meal. The seasoned skin is perfectly crisp while the meat stays juicy and tender. We loved the white barbecue sauce.

Loan disbursements of the Home Credit Group posted a double-digit growth,  hitting P23.2 billion in the first half and are expected to pick up further in the second half despite the series of interest rate hikes by the Bangko Sentral ng Pilipinas.

The Bangko Sentral ng Pilipinas has raised the minimum capital requirements for rural banks to at least P50 million to further strengthen the country’s banking sector.

The Bangko Sentral ng Pilipinas is further raising the bar for cyberdefense in the financial services industry to bolster the regulatory and supervisory environment for cybersecurity as more Filipinos are wary about fraud and scams.

Another attempt to force change the name of the Taj Mahal to "Tejo Mahal" fell flat, after noisy scenes and frayed tempers in a special session of the Agra Municipal Corporation on Wednesday. 📰 Taj Mahal Name Change to Tejo Mahal: Special Session of Agra Municipal Corporation Adjourned Amid Ruckus From BSP, Congress Corporators.

Big banks sustained a double-digit credit growth amid the aggressive rate hikes by the Bangko Sentral ng Pilipinas to anchor inflation expectations and avoid a breach in the two to four percent target range next year.

Infrastructure vendor Nokia said it will exit Russia before the end of this year, while rival Ericsson is in the process of winding down its operations, moves that were spurred in the wake of the war in Ukraine.  

Domestic liquidity is projected to increase at double-digit rates starting next year to support the country’s funding requirements, according to the Bangko Sentral ng Pilipinas.