Page 127 - Bsp News Today

The low cost, no frills deposit accounts went up by 8.5 percent to P5.1 billion last year from P4.7 billion in 2020 as the Bangko Sentral ng Pilipinas continues to step up its financial inclusion and digitalization initiatives.

The UNEP Global Legally Binding Treaty on Mercury (Minamata Convention) was signed by 140 countries in January 2013 and ratified in 2017. Click to read more...

President-elect Ferdinand “Bongbong” Marcos Jr. is taking the right steps in choosing technocrats as the next administration’s economic managers, with the move seen to allay investor concerns, international think tank Capital Economics said.

The Bangko Sentral ng Pilipinas has approved further amendments to foreign exchange regulations to make it easier for international travelers to exchange currencies as the world reopens from strict COVID lockdowns.

Meeting held to review the regulations of the Communist Party of China on political consultation work

he Bangko Sentral ng Pilipinas has ordered banks and financial institutions to stop processing transactions involving e-sabong operations following the ban imposed by President Duterte on online cockfights.

Monetary authorities are likely to deliver back-to-back rate hikes with another 25-basis-point increase next month after starting the interest rate liftoff last May 19, according to Bangko Sentral ng Pilipinas Governor Benjamin Diokno.

The earnings of banks operating in the Philippines increased by 26.3 percent to P66.34 billion in the first quarter from P52.52 billion in the same quarter last year, preliminary data from the Bangko Sentral ng Pilipinas showed.

“The way they are changing names of places belonging to a particular community will affect communal harmony in the country. It will increase hatred. This is alarming," the BSP chief said.

Indian state owned steel giant Steel Authority of India Limited has supplied 4300 tonnes of special steel for India’s indigenous navy warships INS Udaygiri