News

The peso retreated to the 57-level on Wednesday to hit its weakest finish in almost a month, succumbing to the dollar bulls ...
THE 1-percent remittance tax under US President Donald Trump’s “One Big Beautiful Bill” will likely have a minimal impact on ...
THE Bangko Sentral ng Pilipinas (BSP) should adopt a more accommodative stance and reduce policy rates by another 50 basis points (bps) to boost domestic demand, according to Nomura. In its Global ...
THE Department of Finance (DOF) has shrugged off concerns over the 1-percent excise tax on remittances from the United States, saying its impact on the Philippine economy next year will be minimal.
PHILIPPINE economic growth may have picked up in the second quarter, but full-year expansion is likely to be below 6% amid uncertainty over US tariffs, Finance Secretary Ralph G. Recto said.
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits edged higher on Wednesday as the offer went undersubscribed amid fresh domestic inflation concerns following the peso’s recent weakness ...
Philippines Central Bank joins FinTech Alliance to strengthen regulatory frameworks, enforce online gambling reforms and ...
The Bangko Sentral ng Pilipinas has revoked the registration of Prince Rockwell Money Changer Corp., Kings Hopewell Group ...
The Philippine leader, President Ferdinand Marcos Jr (pictured in a file photo), is said to be reviewing calls for a total ...
Money sent home by Filipinos overseas posted a slower growth in May, as such inflows may have tracked a slowdown in the global economy amid headwinds coming from US President Donald Trump’s tariffs ...
A fresh push to amend the Bank Secrecy Law is gaining ground in Congress. But what’s behind this renewed effort — and what exactly do lawmakers want to revise?