Money
Foreign reserves fell below $100b in August
The country’s gross international reserves declined to $99.8 billion as of end-August 2023 from $100 billion in July as the...
BSP selects Hyperledger Fabric for digital currency project
The Bangko Sentral ng Pilipinas said Thursday it selected Hyperledger Fabric as the distributed ledger technology for its wholesale Central...
Shift to variable-rate format to cut lag effects of BSP actions
The Bangko Sentral ng Pilipinas expects shorter lag effects of policy rate actions with the shift to a variable-rate format...
BSP promotes Islamic banking, finance in PH
The Bangko Sentral ng Pilipinas said it promoted its initiatives to develop Islamic banking and finance in the Philippines. BSP...
Thrift banking industry shows resilience
The thrift banking industry continued to show resilience and robust performance marked by expansion in total assets, loans and deposits...
BIR amends regulations for PERA Act
The Bureau of Internal Revenue issued Revenue Regulations No. 7-2023 to amend certain provisions of RR Nos. 17-2011 and 2-2022...
BSP shifting to variable rate format in RRP auction
The Bangko Sentral ng Pilipinas said Monday it will shift to a variable-rate format with a pre-determined offer volume in...
De Leon, Bernardo named new Monetary Board members
National Treasurer Rosalia De Leon and former Finance undersecretary Romeo Berardo were named as the newest members of the seven-man...
East West Bank plans P30-b bond issuance
East West Banking Corp., a subsidiary of Filinvest Development Corp., said Friday it is planning a bond issuance of up...
Basic deposit account openings jumped in first quarter
The Bangko Sentral ng Pilipinas noted a significant increase in the number of basic deposit accounts opened in the first...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.