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Central bank heads in both Sri Lanka and the Philippines have indicated that inflation is expected to gradually ease. While Sri Lanka's central bank anticipates inflation will slow towards its target, the Philippine central bank notes that upside risks still remain.
The Philippine central bank intervened in a small way last week to defend the peso, as the currency weakened to a record low against the dollar.
The Bangko Sentral ng Pilipinas (BSP) has demanded an explanation from digital payment platforms GCash and Maya regarding their P10 transfer fees. This inquiry comes as banks have begun to drop their own transfer fees, raising questions about the mobile platforms' charges.
The Bangko Sentral ng Pilipinas (BSP) has granted temporary relief to banks regarding paper losses, a move that a former deputy governor warns could introduce moral hazard.
The Philippine Central Bank has issued a warning that inflation in the country could surge further in May.
The Governor of the Bangko Sentral ng Pilipinas, Eli Remolona Jr., has been identified as the highest-paid government official in the Philippines, with a net pay of P52.756 million.
The Philippine central bank has decided to raise its policy interest rate for the first time in two and a half years. The move aims to curb inflation driven by soaring fuel prices, which are influenced by the situation in Iran.
The Philippine central bank has issued a warning regarding potential 'spillover effects' from rising oil prices, as the country's inflation rate has already breached its target. This indicates concerns about broader economic impacts.
Philippine Central Bank Steps in as Peso Nears Key Level of 60 Bloomberg.com
Philippine Central Bank Governor Eli Remolona stated that further monetary policy tightening remains an option to guide inflation back to target, despite less pressure to do so following a surprising economic slowdown last quarter.
The Bangko Sentral ng Pilipinas is giving worn-out peso banknotes a new purpose by recycling them into armchairs for a classroom in Davao City, diverting them from shredders and landfills.
The Philippine central bank (BSP) has released voluntary guidelines for banks and e-wallets using AI in decision-making, emphasizing the need for well-prepared data and human accountability.
The Bangko Sentral ng Pilipinas has lifted its moratorium on digital transfer fee hikes, prompting concerns among consumers about potential price increases, while regulators aim for a new pricing regime that could push costs down.
The governor of the Philippine central bank announced that the institution is considering an off-cycle interest rate hike. This potential move aims to address economic conditions outside of regularly scheduled policy meetings.
The Governor of the Bangko Sentral ng Pilipinas (BSP) is set to respond to complaints raised by Carpio concerning Anti-Money Laundering Council (AMLC) disclosures during upcoming House hearings.
The Philippine Central Bank has raised interest rates, citing inflation risks exacerbated by the ongoing conflict in the Middle East.
The Green Sanvi, an LPG tanker destined for Mumbai, has successfully navigated the Strait of Hormuz, becoming the seventh India-bound vessel to do so amidst ongoing disruptions from the Iran war. New Delhi is actively working to secure its fuel supplies.
The Philippine central bank implemented an anticipated cut to its policy rate.
The Bangko Sentral ng Pilipinas (BSP) is working to unify Filipinos’ credit information and scores to encourage greater use of banking services and improve access to loans.
MariBank, the Philippine banking arm of Singapore-based Sea Limited, has been officially reclassified as a digital bank by the Bangko Sentral ng Pilipinas (BSP).
Bangko Sentral ng Pilipinas has mandated banks and e-wallets to lower transfer fees by July 4, stipulating that interbank or inter-e-wallet transfers should generally only cost the switch fee if same-platform transfers are free.
The Philippine central bank has raised its policy rate by 25 basis points, a move that was widely expected by analysts. This adjustment aims to manage inflation and stabilize the economy.
The Governor of the Philippine central bank has indicated that a peso exchange rate of 63.50 per dollar could be considered acceptable, signaling comfort with the currency's current level.
South Korean police have arrested a man for allegedly spreading a fabricated image of an escaped wolf, generated by artificial intelligence, which caused public panic. The incident highlights concerns over the misuse of AI-generated content.
The Bangko Sentral ng Pilipinas (BSP) has approved several regulatory relief measures, including delayed debt payments, for borrowers affected by the ongoing fuel crisis. This crisis is attributed to tensions in the Middle East.
Philippine Central Bank warns of inflation risks from Middle East war, pauses rate hike.