Category: PHP News

Philippine Peso News and Analysis from varies Financial media, we summarize all PHP news into a sitemap summary with link to related PHP News for the one who wanted to catch up Philippine Peso price change in timely manner.

Govt looks to raise P120B in Dec

The government plans to generate P120 billion from domestic sources next month, according to a program released by the Bureau of the Treasury (BTr) on Thursday. If followed, the program would be lower than the planned P140 billion this month, but higher than the P40 billion programmed a year ago. Of the amount, the government would borrow P60 billion by issuing Treasury bills (T-bills) and P60 billion by...

BSP: new digital banks subject to same risk standards as conventional counterparts

MANILA, Philippines — Digital banks that will be put up under the central bank’s new framework for a new category of financial institutions that will operate without physical branches will be subject to the same level of prudential controls and risk mitigation measures as their established conventional counterparts. Thus said the Bangko Sentral ng Pilipinas […] The post BSP: new digital banks subject to same risk standards as...

November inflation seen within 2.4 to 3.2 pct, says BSP think tank

Inflation in November likely settled within the 2.4 to 3.2 percent range, the Bangko Sentral ng Pilipinas' Department of Economic Research said Friday.  Want to know more on November inflation seen within 2.4 to 3.2 pct, says BSP think tank click here go to market news source. Market news summary from ABS-CBN Market News.Author:

BSP: Digital banks must follow same standards as their traditional counterparts

Digital banks that will be put up under the central bank’s new framework for a new category of financial institutions will be subject to the same level of prudential controls and risk mitigation measures as their established conventional counterparts. Thus said the Bangko Sentral ng Pilipinas (BSP) after its Monetary Board approved the rules that […] The post BSP: Digital banks must follow same standards as their traditional...

Full-year investment flows in PH still in the red even after push from IT firm’s IPO

MANILA, Philippines—So-called hot money investments in the Philippines yielded net inflows of $439 million in October after seven straight months of net outflows that started in March, according to the Bangko Sentral ng Pilipinas (BSP). Data provided provided by the regulator showed that the positive figure came as gross inflows of $1.4 billion outpaced the […] The post Full-year investment flows in PH still in the red even...

Digital banks obtain new category — BSP

The Monetary Board, the policy-setting body of the Bangko Sentral ng Pilipinas, said Thursday it approved the recognition of digital bank as a new bank category that is separate and distinct from current classifications.Want to know more on Digital banks obtain new category — BSP click here go to market news source. Market news summary from The Manila Standard Market News.Author:

PH bond market worth P8.13T in Q3 – ADB

The Philippine local currency bond market grew to P8.13 trillion ($168 billion) in the third quarter on the back of the increase in issuances of Treasury bonds, the Asian Development Bank (ADB) reported on Wednesday. In its latest Asia Bond Monitor report, the Manila-based multilateral lender said the amount was a 21.5-percent increase from P6.6 trillion ($131 billion) in the same period last year and an 8.8-percent jump...

BSP recognizes ‘digital bank’ as new bank category

The Bangko Sentral ng Pilipinas' (BSP) Monetary Board has officially recognized "digital bank" as a new bank category, in line with its Digital Payments Transformation Roadmap which seeks to streamline financial technology in the country.  Want to know more on BSP recognizes 'digital bank' as new bank category click here go to market news source. Market news summary from ABS-CBN Market News.Author:

Converge IPO draws in ‘hot money,’ but not enough to stem year’s outflows

“Hot money” investments in the Philippines yielded net inflows of $439 million in October after seven consecutive months of net outflows starting March this year, according to the central bank. Data provided by the Bangko Sentral ng Pilipinas (BSP) showed this development was a result of gross inflows of $1.4 billion, which outpaced the $913-million […] The post Converge IPO draws in ‘hot money,’ but not enough to...

BSP denies spending millions on new logo

The Bangko Sentral ng Pilipinas denied on Wednesday reports it spent millions of pesos for the replacement of its logo.Want to know more on BSP denies spending millions on new logo click here go to market news source. Market news summary from The Manila Standard Market News.Author:

ING PH: Payment account to boost transactions

ING Philippines is optimistic that it would contribute to the growth of digital transactions in the country with the launch of its payment account, ING Pay. In a briefing on Tuesday, ING Philippines Country Manager Hans Sicat said the Philippines was seeing the start of “exponential growth” in terms of digital payment usage. For instance, he added, the Dutch financial giant’s savings and bank transfer account, ING Save,...

Refresh or rebrand: Some fundamentals of iconic logo

OF SUBSTANCE AND SPIRIT Last week, the Bangko Sentral ng Pilipinas (BSP) surprised everyone by introducing a new logo “in keeping with the changing times.” Since then, social media has been abuzz with comments, feedback, and even memes.  The public raised issue not just with the design. Aesthetics is a matter ...Want to know more on Refresh or rebrand: Some fundamentals of iconic logo click here go to market...
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