Tag: BSP

Peso breach of P60 threatens BSP’s easing path amid oil price risks

MANILA, Philippines — The Philippine peso’s slide past the P60-per-dollar mark is complicating the monetary policy outlook of the Bangko Sentral ng Pilipinas, raising...

Philippine Banking Sector Posts P28.2 Trillion in Assets, BSP Highlights Robust Growth

The Bangko Sentral ng Pilipinas (BSP) has affirmed the continued growth and resilience of the Philippine banking sector during the first half of 2025. According...

BSP highlights the importance of digitalization in banking

BANGKO Sentral ng Pilipinas (BSP) Deputy Governor Lyn Javier emphasized that banking digitalization goes beyond simply offering online platforms. According to her, true digital transformation...

BSP Releases P100,000 Commemorative Bill in Honor of National Heroes Day

The Bangko Sentral ng Pilipinas (BSP) has unveiled a P100,000 commemorative banknote to mark National Heroes Day, released specifically for collectors on Monday. According to...

Moody’s Maintains Philippines’ Investment-Grade Credit Rating

Moody’s Investors Service has upheld the Philippines' investment-grade credit rating at “Baa2” with a “stable” outlook, citing key economic reforms, fiscal consolidation efforts, and...

Monetary Board Reduces Target RRP Rate by 25 Basis Points

At its monetary policy meeting today, the Monetary Board decided to reduce the BSP’s Target Reverse Repurchase (RRP) Rate by 25 basis points to 6.25 percent....

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Comelec Declares Control Over Cotabato City, Maluso, Basilan Amid Pre-BARMM Election Violence

The Commission on Elections (Comelec) En Banc officially placed...

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The Philippine National Police (PNP) is implementing necessary security...

P605K Worth of Suspected Smuggled Cigarettes Seized in Maguindanao del Norte Amid Anti-Smuggling Drive

PRO BAR authorities seized 15 boxes of suspected smuggled...