Friday, May 1, 2026
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Tag: Eli Remolona Jr.

ASEAN prioritizes financial health

Southeast Asian nations are prioritizing financial health and digital security to help households withstand economic shocks and navigate a rapidly evolving digital landscape, regional...

IMF-BSP MEETING.

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. welcomes International Monetary Fund (IMF) managing-director Kristalina Georgieva during a courtesy visit at the BSP...

Philippine peso hits record low of 59.87 a dollar on Middle East tensions

The Philippine peso sank to a fresh record low of 59.87 against the US dollar Monday, weakening by 13.5 centavos from the previous close...

PH still faces risk of returning to FATF watch list

DUMAGUETE CITY—The Philippines faces a risk of returning to the Financial Action Task Force (FATF) grey list despite its recent exit in 2025, Bangko...

PDIC directors

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. (center), also the chairperson of the Philippine Deposit Insurance Corp.’s (PDIC) board of directors, signs...

Nomura cuts Philippines GDP growth outlook

Nomura Global Market Research has lowered its 2026 gross domestic product (GDP) growth forecast for the Philippines to 5.3 percent from 5.6 percent, citing...

Philippines GDP per capita seen rising to $5,800 by 2028

S&P Global Ratings expects the Philippines gross domestic product (GDP) per capita to sustain its growth over the medium term, reaching $5,800 by 2028. “Our...

BSP sees no urgency to cut bank reserve ratio

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said Monday there is no urgency to reduce banks' reserve requirement ratio (RRR) at this...

BSP to release book on financial crises

The Bangko Sentral ng Pilipinas (BSP) will launch a new book next year titled “Risk and Resilience in the Philippine Financial System: How Much...

Remolona says P500,000 cash withdrawal cap effective vs. money laundering

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. on Monday defended the P500,000 limit on cash withdrawals as a "very effective" measure to...

AMLC freezes 700 bank accounts, targets more

The Anti-Money Laundering Council is looking to freeze more bank accounts linked to an ongoing anomalous flood control project scandal on top of more...

Climate expert

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. (right) welcomes Singapore’s Ambassador for Climate Action Ravi Menon for a leadership insights session at...

Remolona named among world’s best central bank governors anew

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has been named one of the world's best central bank governors for the second consecutive...

Another interest rate cut possible this year—Remolona

Another interest rate cut is possible within the year, according to the Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. Remolona said in an...
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