News

Rescheduling of the 17 October Review of the BSP’s Monetary Policy Stance

PDate: 10/3/2024
Content: The next Monetary Board meeting on the Review of the BSP’s Monetary Policy Stance, originally scheduled on Thursday, 17 October 2024, will be held on Wednesday, 16 October 2024. The decision of the Monetary Board shall ...

News

3 Oct 2024

Dingalan, Aurora Launches Paleng-QR Ph Plus

PDate: 10/3/2024
Content: Dingalan, Aurora Mayor Shierwin H. Taay (left) uses QR PH to pay tricycle driver Joel Espinosa during the town’s rollout of Paleng-QR Ph Plus on 19 September 2024. Mayor Taay and Bangko Sentral ng Pilipinas (BSP) Cabanatuan B...

News

3 Oct 2024

September Top Trader Program Winners

Congratulations to the September Top Traders! Check your User ID in the list below to see if you made it to the September leaderboards and bagged a share of the Php 400,000 rewards pool!

2 Oct 2024

Quezon Province Launches Paleng-QR Ph Plus

PDate: 10/1/2024
Content: Quezon Governor Angelina DL. Tan (third from left) and Bangko Sentral ng Pilipinas (BSP) South Luzon Regional Director Tomas J. Cariño, Jr. (far right) led the signing of the pledge of commitment to implement Paleng-QR Ph Plu...

News

1 Oct 2024

Enjoy Zero Trading Fees on LAT this October!

From October 1 to 31, 2024, enjoy a whole month of zero maker-taker fees when you spot trade LAT/PHP or LAT/USDT on Coins!

1 Oct 2024

SUNDOG Spot Trade Sprint

Win a share of the 6,000 $SUNDOG prize pool by spot trading SUNDOG/PHP on Coins!

1 Oct 2024

BSP South Luzon Regional Office Recognizes Outstanding Partners

PDate: 10/1/2024
Content: Bangko Sentral ng Pilipinas (BSP) Deputy Governor Bernadette Romulo-Puyat (top row, third from left) leads central bank officials during the recognition ceremony for the outstanding partners of the BSP South Luzon Regional Of...

News

1 Oct 2024

Six weeks until Devcon SEA in Bangkok

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1 Oct 2024

Philippines’ Net External Liability Position Declines Quarter-on-Quarter to US$55.2 Billion as of End-June 2024

PDate: 9/30/2024
Content: End-June 2024 DevelopmentsPreliminary data on the country’s net international investment position (IIP) indicated a net liability position of US$55.2 billion as of end-June 2024, lower by 6.5 percent than the US$59.1 billion...

News

30 Sep 2024

Foreign Investments Registered with the Bangko Sentral ng Pilipinas (BSP), through Authorized Agent Banks*, Yield Net Inflows in August 2024

PDate: 9/30/2024
Content: Transactions on foreign investments registered with the BSP, through authorized agent banks, in August 2024 recorded net inflows of US$533.95 million resulting from the US$1,370.72 million gross inflows and the gross outflows...

News

30 Sep 2024

FCDU Lending Decreased in Q2 2024

PDate: 9/30/2024
Content: Outstanding loans granted by Foreign Currency Deposit Units (FCDU) of banks stood at US$15.63 billion as of end-June 2024, a decrease of US$438.58 million or by 2.7 percent from the end-March 2024 level of US$16.07 billion as...

News

30 Sep 2024

Preliminary Q1 2024 Philippine Balance Sheet Approach (BSA): The Country’s Net External Liability Position Widens, Quarter-on-Quarter

PDate: 9/30/2024
Content: The country’s net external liability position widened by 17.1 percent quarter-on-quarter to P3 trillion in Q1 2024 from P2.6 trillion in Q4 2023 due to the higher net external liability positions of the non-financial corporat...

News

30 Sep 2024

DirecTV to acquire EchoStar’s video distribution business including Dish TV and Sling TV

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News

30 Sep 2024

Month-Ahead Inflation Forecast for September 2024

PDate: 9/30/2024
Content: The BSP projects September 2024 inflation to settle within the range of 2.0 to 2.8 percent. Negative base effects along with lower prices of food commodities including rice, meat, and vegetables as well as lower domestic oil ...

News

30 Sep 2024

PSE seeks public comment on proposed rules for Global Philippine Depositary Receipts

The Philippine Stock Exchange, Inc. (PSE) requested equities market stakeholders to review and give their comments on the proposed rules prepared by the Exchange for Global Philippine Depositary Receipts (GPDR). GPDRs are peso-denominated instruments representing economic interest in an underlying security listed on an overseas stock exchange, where the holder does not possess voting rights…

News

30 Sep 2024

BSP, BAP Promote Capital Market Development by Enhancing Benchmarks for a Yield Curve

PDate: 9/30/2024
Content: The Bangko Sentral ng Pilipinas (BSP) and the Bankers Association of the Philippines (BAP) are taking their capital market development work a step further with two complementary initiatives.These two initiatives are about cre...

News

30 Sep 2024

PHPC Joins Solana, PayPal’s Crypto Expansion, and e-HKD Pilot Advances

Be updated on all things crypto today with Crypto ATBP., your weekly crypto news round-up.

27 Sep 2024

Consumer Confidence Improves for Q3 and Q4 2024, But Less Upbeat for the Next 12 Months*

PDate: 9/27/2024
Content: The consumer sentiment for Q3 2024 improved as the overall confidence index (CI) turned less negative at -15.6 percent from -20.5 percent in the Q2 2024 survey results. This is reflective of the decrease in the percentage of ...

News

27 Sep 2024

Business Confidence Remains Optimistic in Q3 2024, and More Upbeat for Q4 2024 and the Next 12 Months*

PDate: 9/27/2024
Content: The business sentiment in the Philippines remained optimistic in Q3 2024 as the overall confidence index (CI) was little changed at 32.9 percent from 32.1 percent in Q2 2024. The steady sentiment reflected the decrease in ...

News

27 Sep 2024

Residential Real Estate Prices Increase in Q2 2024

PDate: 9/27/2024
Content: Nationwide residential property prices rise by 2.7% YoY and 1.8% QoQ in Q2 2024Residential real estate prices of various types of new housing units in the Philippines continued to increase in Q2 2024. Residential property pri...

News

27 Sep 2024

Dauin, Negros Oriental Launches Paleng-QR Ph Plus

PDate: 9/27/2024
Content: Bangko Sentral ng Pilipinas (BSP) Regional Director Anna Clara Oville (first photo, rightmost) joins Dauin Mayor Galicano Truita (first photo, center) as he successfully pays using QR Ph at the town’s Mega Market.Dauin, Negro...

News

27 Sep 2024

Bank Leaders Maintain Optimistic Outlook for 2024-2025

PDate: 9/26/2024
Content: The banking industry's outlook for the next two years remains optimistic based on the 2023 Banking Sector Outlook Survey (BSOS). Overall, respondent banks expect double-digit growth in their assets, loans, deposits, and...

News

26 Sep 2024

BSP Enhances its Rediscounting Facility

PDate: 9/24/2024
Content: The Bangko Sentral ng Pilipinas (BSP) will enhance its rediscounting facility, adding advances against government and BSP securities, helping align its credit operations with global best practices. Under the change, the...

News

24 Sep 2024

Statement on BSP’s Gold Sales for GIR Management

PDate: 9/24/2024
Content: The Bangko Sentral ng Pilipinas (BSP) sold gold during the first half of the year as part of its active management strategy of the country’s gold reserves, which form part of the country’s Gross International Reserves (GIR).T...

News

24 Sep 2024

Petron Corporation lists FOO shares

Petron Corporation (PCOR) raised Php 16.83 billion from the follow-on offering (FOO) of its Series 4D and 4E preferred shares. The said shares were listed on the Philippine Stock Exchange (PSE) under the stock symbols, PRF4D and PRF4E, respectively. The Series 4D and 4E preferred shares were taken from the second tranche of PCOR’s Series…

News

23 Sep 2024

BSP Statement on National ID Printing Contract Issues

PDate: 9/21/2024
Content: The Bangko Sentral ng Pilipinas (BSP) reiterates that the termination of the contract with AllCard was justified due to delays on AllCard’s part. This decision was made to protect the interests of the government, represented ...

News

21 Sep 2024

Higher BOP Surplus for 2024 and 2025 Buoyed by Sustained Financial Flows

PDate: 9/20/2024
Content: The latest set of forecasts indicate an improvement in the overall balance of payments (BOP) position for 2024 and 2025 relative to the June 2024 projection exercise. This development is underpinned mainly by the sustained po...

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20 Sep 2024

BSP Reduces Reserve Requirements

PDate: 9/20/2024
Content: The Bangko Sentral ng Pilipinas (BSP) will reduce the reserve requirement ratios (RRRs) by 250 basis points (bps) for universal and commercial banks (U/KBs) and non-bank financial institutions with quasi-banking functions (NB...

News

20 Sep 2024

BSP Visayas Regional Office Recognizes Outstanding Partners

PDate: 9/19/2024
Content: Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (top row, fifth from right) led central bank officials at the recognition ceremony for the outstanding partners of the BSP Visayas Regional Office on 16 Septembe...

News

19 Sep 2024

Are Trump’s NFT Cards an Investment Opportunity or Just a Hype Product

In December 2022, former U.S. President Donald Trump made headlines again, but this time in an unexpected arena - the world of non-fungible tokens (NFTs). The launch of his digital trading card collection shook up the political and crypto spheres, spa...

19 Sep 2024