Philippines Now Reports Banking Statistics to BIS
The Philippines will join an elite group of less than 50 jurisdictions worldwide which report cross-border banking statistics to the Bank for International Settlements (BIS) as part of the global…
Philippine Stock Exchange To Hold Regular Trading During APEC Meetings
MANILA – The Philippine Stock Exchange, Inc. (PSE) and the Securities Clearing Corporation of the Philippines will have regular trading, clearing and settlement on November 17 and 20, 2015 after…
East West Bank’s Php500 Million Investment in Ageas Insurance JV Gets BSP Approval
PHILIPPINES – The Bangko Sentral ng Pilipinas (BSP), the country’s central bank, has approved the initial equity investment of East West Banking Corporation (PSE:EW) in the proposed joint venture with…
Philippine Business Confidence Up for Second Quarter
MANILA, PHILIPPINES – Overall business confidence in the Philippines for the second quarter soared to 49.2 percent, up from the 45.2 percent posted in the previous quarter, the Bangko Sentral…
Philippine Central Bank Meets This Week; Forecast To Keep Policy Rates
MANILA, PHILIPPINES – The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is meeting this week and analysts have predicted that it will keep the policy rates…
Philippine International Reserves Up USD80.8 Billion in April
MANILA, PHILIPPINES – The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, said preliminary data showed that the country’s gross international reserves (GIR) increased to USD80.8 billion…
Philippine Inflation Further Slows in April
MANILA, PHILIPPINES – The Philippine central bank, Bangko Sentral ng Pilipinas (BSP), said headline inflation slowed down to 2.2 percent year-on-year in April from 2.4 percent in March, thanks to…
Philippine Central Bank Issues Public Advisory on Credit Card Collection Agencies
MANILA, PHILIPPINES – The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has issued an advisory to inform the public on the extent of authority of external collection…
Philippine Central Bank Issues Advisory on Authority of Credit Card Collection Agents
MANILA, PHILIPPINES – The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has issued an advisory to inform the public on the extent of authority of external collection…
Philippine Monetary Board Approves Amendment of Unit Investment Trust Fund
MANILA, PHILIPPINES – The Monetary Board of the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, approved the amendment of the Unit Investment Trust Fund (UITF) regulations…
Philippine Inflation Slows Down to 2.4% in March
MANILA, PHILIPPINES – Headline inflation in the Philippines eased slightly to 2.4 percent year-on-year in March from 2.5 percent in February, the country’s central bank said in a statement. The…
Philippine Foreign-Exchange Reserves Hit 3-Month Low in March
MANILA, PHILIPPINES – Foreign exchange reserves in the Philippines fell to USD80.4 billion as of the end of March from USD80.8 billion in February, the Bangko Sentral ng Pilipinas (BSP),…