Recent Posts

BSP worries over threat of power-rate increase

By Riza Lozada Petitions for adjustments in power rates with the Energy Regulatory Commission (ERC) and proposals to raise excise taxes on petroleum products, along with a new round of transport-fare increases, threaten to raise inflation, which may trigger higher bank rates, the Bangko Sentral ng Pilipinas (BSP) said.

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BDO becomes first PERA administrator

The Trust and Investments Group of BDO Unibank became the first institution in the country to be accredited as Personal Equity and Retirement Account (PERA) administrator after hurdling stringent qualification requirements of the Bangko Sentral ng Pilipinas (BSP) and the Bureau of Internal Revenue (BIR).

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