Fonacier will fill the post vacated by BSP Governor Nestor Espenilla Jr
The Bangko Sentral ng Pilipinas says Metrobank is well-capitalized enough to deal with the situation, although it will conduct an investigation into the bank’s internal controls
Total cash remittances are up 4.5% for the first 5 months of the year, totaling $11.346 billion
The net inflows total $2.4 billion for January to April this year, down 32% compared to the $3.6 billion in the same period a year ago
Meanwhile, former socioeconomic planning secretary Felipe Medalla retains his position as member of the board
While global economic conditions remain challenging, outgoing BSP Governor Amando Tetangco Jr says prospects for domestic economic activity continue to be firm
'It is a reaction to external developments, particularly the hawkish statements of Fed officials overnight,' says BSP Governor Amando Tetangco Jr
A net total of $543.79 million in foreign portfolio investments flows out, in contrast to the $178 million in net inflows for the January-May period last year
The US Federal Reserve's decision to raise the benchmark interest rate for the 2nd time this year is the primary market mover on Thursday, June 15
This is the lowest level cash remittances have totaled since registering $1.997 billion in January 2016
(UPDATED) 'This is simply a glitch. The amount will be restored by the end of the day,' says BPI president and CEO Cezar Consing
Experts from the Bangko Sentral ng Pilipinas will scrutinize the money being linked to the Maute Group
BSP Deputy Governor Nestor Espenilla Jr says it is 'too soon to draw anything from this but it bears close watch'
A 3.1% inflation rate is recorded in May – the lowest since the consumer price index averaged 2.7% last January
The Bangko Sentral ng Pilipinas attributes this to lower oil prices and electricity rates
BSP Governor Amando Tetangco Jr points out, however, that there may be 'temporary cautiousness' in the next few days
The listed bank fully settles its record P1-billion fine for non-compliance with banking laws and regulations in connection with the $81-million Bangladesh Bank money laundering scandal
Hello! Here's a roundup of news you need to know this Wednesday
While no Philippine bank was affected in the global ransomware attack, the Bangko Sentral ng Pilipinas issues guidelines on dealing with cyber criminals and protecting sensitive data
Total cash remittance flows for the 1st quarter of 2017 reach $6.953 billion, up 7.7%
Incoming BSP Governor Espenilla says, 'It’s easy because essentially, I’m here doing a job… Our mandate is clear and our constituency is clear: I serve the public.'
Former Central Bank governor Jose Cuisia has these to say about BSP's Amando Tetangco, Nestor Espenilla, and Diwa Guinigundo
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There is only one more policy meeting left before Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr hands over the reins to his successor
The recent appointment of Nestor Espenilla Jr was considered one of the most crucial decisions for President Rodrigo Duterte. Here's why.
Hello! Here's a roundup of news you need to know this Wednesday
The new governor of the Bangko Sentral ng Pilipinas outlines his plans to maintain the country's monetary stance as well as expand the debt market and digital payments
(UPDATED) Outgoing BSP Governor Amando Tetangco Jr and most bankers got what they asked and hoped for: an 'insider' with years of central banking experience
Nestor Espenilla Jr has just been named BSP governor. Rappler takes a look at the role of the BSP as Espenilla steps in, along with some of the issues he may face ahead.
President Rodrigo Duterte picks technocrat Nestor Espenilla Jr as the new Philippine central bank chief, replacing world-acclaimed Amando Tetangco Jr
(UPDATED) 'A very wise choice, after a thorough evaluation of the future needs of the country and of all the candidates,' says Finance Secretary Carlos Dominguez III
ASEAN, Japan, South Korea, and China agree on the 'Yokohama Vision' which serves as guiding principles for a more resilient and integrated ASEAN+3
Inflation remains unchanged at 3.4% in April, bringing the average inflation in the first 4 months of the year to 3.2%
Domestic liquidity is also up 11.2% year-on-year to P9.5 trillion, although this is slightly slower than the 12.6% in February
Remittance flows for the first two months of the year stand at $4.338 billion, up by 5.9% compared to the same period last year
Condominium units are the most commonly purchased in the National Capital Region, while single detached houses are dominant in the provinces
With the vast popularity of the President, there’s no politically better time to push for a contentious tax reform bill
The rating comes with a positive outlook that indicates an upward trend for credit ratings over a one- to two-year period
Filipinos abroad have to register up to P50,000 of their NDS banknotes in the online registration for the NDS Banknote System
Despite global risks, iinflation remains manageable, and will fall within the target range by yearend, says outgoing BSP chief Amando Tetangco Jr
Based on the results of the 1st Quarter Consumer Expectation Survey, the consumer confidence index slipped to 8.7%, from a record-high 9.2% in the fourth quarter of 2016
The Bangko Sentral ng Pilipinas lowers its inflation outlook for 2017 and 2018 to 3.4% and 3%, respectively
Filipinos now have until June 30, 2017 to exchange their New Design Series (NDS) banknotes. After June 30, these bills will have no monetary value.
Hello! Here are the stories you shouldn't miss this Thursday.
There is a growing threat on information security and fraud such as account take over, malware attacks, as well as phishing and spoofing schemes, BSP says
An economist says the strategy to hike early on has allowed the BSP to 'stand pat in the face' of 3 Fed rate hikes to date
The amount is up 8.6% year-on-year, but down from the Christmas-driven $2.559 billion seen in December 2016
Expertise, familiarity, and patience are the top 3 qualities Amando Tetangco Jr look for in his successor
Foreign direct investments total $7.9 billion, outstripping the central bank's own forecast of $6.7 billion
February 2017's inflation level is the highest since November 2014, but the Bangko Sentral ng Pilipinas says the figure still falls within its target range