Malacañang expects an increase in foreign direct investments after the Philippines was removed from the Financial Action Task Force’s (FATF) grey list earlier this week.

The country’s external debt service burden went up by 14 percent to $15.74 billion from January to November last year compared to $13.81 billion in the same period in 2023 amid higher principal and ...

The Philippines is no longer on the list of countries under heavy scrutiny by the top global money laundering and terrorism ...

The Philippine government welcomed the country’s removal from a global watchdog’s dirty-money list, which could spur ...

The Bangko Sentral ng Pilipinas (BSP) on Friday announced another supersized cut to the reserve requirements of banks, a move that would inject P300 billion additional loanable funds into the domestic ...

The peso ended the week flat against the dollar on Friday, helping the stock market rise to just shy of hitting 6,100. The currency closed at P57.94:$1, unchanged from the previous day, after opening ...

House Speaker Martin Romualdez said Saturday, Feb. 22, that lowering the cost of essential goods and ensuring economic ...

THE Bangko Sentral ng Pilipinas (BSP) reported a P113.6-billion net income from January to November 2024, marking a nearly five-fold year-on-year increase. Preliminary data from the BSP showed its net ...

THE Bangko Sentral ng Pilipinas (BSP) is set to cut the reserve requirement ratios (RRRs) for banks and non-financial ...

House Speaker Martin Romualdez has hailed the Marcos administration for successfully maneuvering the Philippines out of the ...

The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points from late March. The reduction will bring the reserve requirement for ...

The Bangko Sentral ng Pilipinas (BSP) is set to post a record profit in 2024 after seeing its 11-month earnings grow by ...