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BSP sees PH economy regaining post-pandemic vigor in 2022

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno forecasts the Philippine economy regaining its previous vigor starting in the last quarter of 2022. “On the aggregate level,...

Inflation hits 4.9 percent in August

Rate of price increases accelerated to its fastest since January 2019 at 4.9 percent last August but the Bangko Sentral ng Pilipinas (BSP) maintains that inflation...

BSP notes low number of bank clients seeking debt restructuring

The Bangko Sentral ng Pilipinas (BSP) said it noted a relatively low number of bank clients seeking debt restructuring for the first half of...

BSP denies currency ‘flash crash’

The Bangko Sentral ng Pilipinas (BSP) denied the reported currency "flash crash" on Tuesday, arguing that the trading platforms mentioned by observers were unofficial. On...

Foreign direct investments drop to $6.5 billion in 2020

Foreign direct investments (FDIs), an indicator of an economy’s health, decreased by almost 25 percent in 2020 compared to 2019, with the Bangko Sentral...

BSP sees inflation rate hovering between 4.3% and 5.1% in Feb.

Inflation is seen to accelerate further between 4.3 percent and 5.1 percent for February 2021, with Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno...

BSP: coin use drops, digital transactions increase due to Covid

The restrictions on the movement of people and products caused by the coronavirus disease 2019 (Covid-19) pandemic has resulted in the rise of digital payments and...

SEAMLESS DIGITAL, ELECTRONIC CASH TRANSFER PLATFORM

Employees need not queue anymore for their payslips as the age of seamless digital and electronic cash transfer platform is here. This was the...
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