The Philippines' foreign currency reserves fell to a nine-month low in January 2025 due to the central bank’s foreign exchange interventions and the national government’s debt payments.

The steady inflation rate will allow the Bangko Sentral ng Pilipinas (BSP) to further reduce interest rates to boost consumer ...

The Palawan Group of Companies (PGC) has collaborated with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy ...

The central bank attributes the lower surplus to a higher trade deficit and net foreign borrowings by the national government ...

MANILA, Philippines — The country’s foreign exchange ... according to the Bangko Sentral ng Pilipinas (BSP). However, the latest figure was 1.5 percent lower than the $108.49 billion as ...

The BSP will review the key rate on Feb. 13. Governor Eli Remolona earlier this month said that the Philippines still has “some room to ease” as borrowing cost at 5.75% is still in restrictive ...

Philippines central bank, The Bangko Sentral ng Pilipinas (BSP) has lifted its moratorium on new electronic money issuers from non-bank financial institutions (EMI-NBFI). This move, outlined in ...

Qualified firms were allowed to operate under the BSP’s “test and learn” or regulatory sandbox framework. BMI said traditional Philippine telcos are seeing fluctuating top-lines due to increased ...

BSP Governor Eli Remolona Jr. said that by moving away from per-transaction fees, the Philippine central bank aims to maximise the benefits of network externalities, where each new participant ...

"There's still some room to ease," Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said at a Rotary Club event. The Philippines reached its 2% to 4% inflation target for the first time ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by eventually weaning the country from its dependence on ...

MANILA, Jan 7 (Reuters) - Philippine annual inflation quickened ... well-anchored inflation expectations continue to support the BSP’s shift toward less restrictive monetary policy," the Bangko ...