Cumulative remittances are on track to rise by 3% for 2024. Personal remittances from overseas Filipinos (OFs) grew by 3.5% year-on-year (YoY) to $3.12b in November 2024 compared to a year ago.

The Bangko Sentral ng Pilipinas (BSP) will now allow investment management accounts (IMA) of trust companies to be invested in central bank securities, continuing to deepen the market for its ...

The Anti-Money Laundering Council (AMLC) has lifted the sanctions and freeze order on the funds and assets owned by eight delisted terrorist individuals. This was contained in a notice signed by ...

The Bangko Sentral ng Pilipinas (BSP) said it held six briefings on foreign exchange (FX) regulations across the country ...

The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by ...

The Bangko Sentral ng Pilipinas (BSP) said it has conducted six briefings on foreign exchange (FX) regulations across the ...

The International Monetary Fund (IMF) is still projecting the Philippine economy will grow by 6.1 percent this year and 6.3 ...

The Bangko Sentral ng Pilipinas (BSP) has told banks to exercise caution when doing business with companies that are at risk ...

The Bangko Sentral ng Pilipinas (BSP) has amended trust entities’ access to its securities facility to include investment ...

The Philippine financial sector's total resources went up by 8.8 percent as of end-November last year, data from the Bangko ...

The digital lending market in the Philippines, which includes registered non-bank digital lenders and digital banks, is ...

The Bangko Sentral ng Pilipinas (BSP) is reviewing applications from prospective digital banks seeking to operate in the ...