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Over 179M coins deposited in BSP deposit machines

MANILA, April 22 -- The Bangko Sentral ng Pilipinas (BSP) said PHP648.9 million worth of coins have been deposited through its coin deposit machines (CoDMs) as of April 15. In a social media post on ... Read More


PH first to sign rapid response to crisis pact with WB

MANILA, April 22 -- The Philippines recently signed the Rapid Response Option (RRO) agreement with the World Bank Group (WBG), allowing the country to deploy resources from its existing bank portfolio... Read More


PGH's Cancer Center Project's revised cost up for NEDA Board approval

MANILA, April 18 -- Changes to the project cost, revised parameters, and terms and conditions of the Cancer Center Project of the University of the Philippines-Philippine General Hospital (UP-PGH) Man... Read More


NEDA: PH implementing reforms to improve business climate

MANILA, April 18 -- The National Economic and Development Authority (NEDA) said on Thursday, Secretary Arsenio Balisacan has urged businesses in the United States to invest in the Philippines, noting ... Read More


Recto presides over G-24 Ministerial Meeting

MANILA, April 18 -- Department of Finance (DOF) Secretary Ralph Recto presided over the Intergovernmental Group of Twenty-Four (G-24) on April 16 as Chair of the Board of Governors where he called upo... Read More


BSP: Peso not performing poorly

MANILA, April 17 -- Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the peso's performance lately could not be categorized as poor, adding that the local currency is only adjusting to... Read More


2 firms eye Islamic banking operations in PH

MANILA, April 17 -- Maybank Philippines and a foreign company plan to establish Islamic banking operations in the country, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday. In a briefing at th... Read More


BPI services temporarily unavailable

MANILA, April 16 -- Bank of the Philippine Islands (BPI) said some of its services were temporarily unavailable on Tuesday. In a Facebook post, the bank said automated teller machine withdrawals, cas... Read More


FDI net inflows up in Feb 2024

MANILA, April 10 -- Foreign direct investments (FDI) net inflow went up by 89.9 percent in February this year. Data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday showed that FDI net ... Read More


BMI: PH budget deficit projected to narrow in 2024

MANILA, April 9 -- The country's budget deficit is projected to decline this year as revenue collection will likely exceed target, a unit of Fitch Solutions said on Tuesday. In a report released on T... Read More