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BSP extends moratoriumon InstaPay, PESONet fees

THE Bangko Sentral ng Pilipinas (BSP) has extended indefinitely the moratorium on InstaPay and PESONet fees pending a review or until such time that small e-payment transactions are levied with zero fees. The BSP said the Monetary Board issued Resolution 1599 dated December 7 ordering the status quo on the…

Philippine , Benguet , Philippines , Filipinos , Bangko-sentral , Elim-remolona-jr , Felipem-medalla , Bancnet-inc , National-payment-systems-act , Philippine-clearing-house-corp , National-payment-systems , National-retail-payment-system

Exit from FATF gray list hard after Marawi bombing–BSP

THE recent deadly bombing in Marawi could make it difficult for the Philippines to exit the Financial Action Task Force’s (FATF) gray list, according to the Bangko Sentral ng Pilipinas (BSP). Governor Eli M. Remolona Jr. told reporters that the bombing in Marawi, which killed four people and wounded 50…

Philippine , Benguet , Philippines , North-korea , Marawi , Pakistan , Filipinos , Elim-remolona-jr , Felipem-medalla , Bangko-sentral , Department-of-justice , Bureau-of-customs

BSP's bet on coin machines yields ₱1.3-M turnover daily

THE coin deposit machines (CoDMs) have collected an average of a million pesos per day since June, according to the latest data from the Bangko Sentral ng Pilipinas (BSP), which rolled out the program four months ago to ease the coin shortage and cut government losses in minting coins. As…

Philippines , Metro-manila , Philippines-general- , Filipinos , Felipem-medalla , Bangko-sentral ,

BSP delivers off-cycle 25-bps rate hike - BusinessWorld Online

BSP delivers off-cycle 25-bps rate hike - BusinessWorld Online
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Felipem-medalla , Bangko-sentral , Elim-remolona-jr , Bangko-sentral-ng-pilipinas , Pilipinas-governor-eli , Monetary-board ,

BSP gets P98.8M in coins through deposit machines - BusinessWorld Online

BSP gets P98.8M in coins through deposit machines - BusinessWorld Online
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Mandaluyong-city , Mandaluyong , Philippines , Metro-manila , Philippines-general- , Pasig-city , City-of-pasig , Taguig-city , City-of-taguig , Pampanga , Davao-city , Bulacan

Deposit machines gobble up P1 coins; a transaction hits P100k • Cai U. Ordinario

THE Bangko Sentral ng Pilipinas (BSP) said the highest single transaction in its coin deposit machines (CoDMs) has reached P100,260. The BSP said the was recorded in one of the 25 CoDMs the central bank has placed in various malls in Metro Manila and Calabarzon. The central bank said P98.8 million worth of coins have

Philippines , Metro-manila , Philippines-general- , Felipem-medalla , Bangko-sentral , Bernadette-romulo-puyat , Governor-bernadette-romulo-puyat , New-generation-currency-coin-series ,

More banks urged to remove fees on small transfers - BusinessWorld Online

More banks urged to remove fees on small transfers - BusinessWorld Online
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Philippine , Benguet , Philippines , Philippine-islands , Philippines-general- , Pasay-city , Pasay , Filipinos , Felipem-medalla , Elim-remolona-jr , Alliance-for-financial-inclusion

Inflation unlikely to overshoot target in Q1 - BusinessWorld Online

Inflation unlikely to overshoot target in Q1 - BusinessWorld Online
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China , India , Saudi-arabia , Russia , Elim-remolona-jr , Bangko-sentral , Benjamine-diokno , Felipem-medalla , Cidl-terosa , Foundation-for-economic-freedom , University-of-asia , China-banking-corp

Maharlika investments need to be monitored — analysts - BusinessWorld Online

Maharlika investments need to be monitored — analysts - BusinessWorld Online
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Philippines , Filipino , Diwac-guinigundo , Bangko-sentral , Leonardoa-lanzona , Luisa-limlingan , Felipem-medalla , Maharlika-investment-fund , National-government , Reuters , Ateneo-de-manila-university , Regina-capital-development-corp

New Monetary Board appointments welcomed - BusinessWorld Online

New Monetary Board appointments welcomed - BusinessWorld Online
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World-bank , District-of-columbia , United-states , Washington , China , Philippines , Williams-college , Massachusetts , Philippine , Benguet , Filipinos , Luisa-limlingan