Bangko Sentral ng Pilipinas (BSP) Governor and Financial Inclusion Steering Committee (FISC) Chairman Benjamin E. Diokno (top, right) leads the ceremonial donning of the financial inclusion pin during the launch of the National Strategy for Financial Inclusion (NSFI) 2022-2028. The NSFI 2022-2028 builds on the success of the first NSFI launched in 2015 and renews the vision of financial inclusion …
Read More »Business
The BSP transforms the inflation report into the monetary policy report
On 18 February 2022, the BSP will begin publishing its Monetary Policy Report (MPR). The MPR, which will replace the quarterly publication of the Inflation Report, will be published four (4) times a year to correspond with the availability of major economic data releases such as the quarterly national income accounts. The MPR will serve as the flagship BSP publication …
Read More »Manila Water Foundation, partners send over 70,000 liters of drinking water to Odette-ravaged communities
More than a month since Typhoon Odette ravaged communities in the Visayas, Manila Water Foundation and its partners were able to reach thousands of families through the provision of water, sanitation and hygiene (WASH) support during emergencies. In coordination with the Philippine Army, Philippine Navy and Philippine Coast Guard, more than 70,000 liters of drinking water and over 300 cases …
Read More »DTI urges establishments to follow health protocols as NCR shifts to Alert Level 2
The Department of Trade and Industry urged the establishments to follow the Minimum Public Health Standards (MPHS) as the National Capital Region (NCR) shifts to Alert Level 2 starting 01 February 2022. On 03 February 2022, DTI-Consumer Protection Group (DTI-CPG) Undersecretary Atty. Ruth B. Castelo and DTI Fair Trade Enforcement Bureau (FTEB) Assistant Director Marimel Dancel Porciuncula led the surveillance …
Read More »BSP governor makes case for PH resurgence before Japanese investors
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno made a strong case for the country as an attractive investment destination to Japanese investors by highlighting solid economic fundamentals and sustained recovery. The Philippine economy grew by a better than expected 5.6 percent in 2021, exceeding the government’s 5 to 5.5 percent target range. The strong growth is expected to …
Read More »Metrobank, AXA believe that ‘Health is the New Wealth’
Metrobank, in partnership with its insurance affiliate AXA Philippines, hopes to go beyond the basics of financial education by emphasizing the relevance of health and wellness in a person’s financial journey. “Health is the new wealth,” said Metrobank Chief Marketing Officer Digs Dimagiba. “In line with our promise of providing meaningful banking experiences to customers, we partnered with our sister …
Read More »InLife Focuses on Building Strong Customer Relations, Online Communities with TRIBOS App
Aimed at updating its existing client-facing website by making it cross-platform and mobile-friendly, Insular Life (InLife) recently launched the latest version of its Customer Portal in the form of a mobile app – TRIBOS.
Read More »CMSA adds BAL Container Line’s CMX Service
Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s (ICTSI) Mexican subsidiary that operates the Second Specialized Container Terminal at the Port of Manzanillo, received the first call of BAL Container Line’s China – Mexico (CMX) service last December as it adds another shipping line to its diverse list of partner clients. The CMX service made its first call at the …
Read More »Manila Water announces desludging schedule for Feb and March
East Zone concessionaire Manila Water bared its desludging schedule for the months of February and March this year as it continues to encourage its customers to avail of the septic tank siphoning services without the need to pay for any additional cost. Beginning February until March, Manila Water desludging tankers will be at Welfareville Compound, Brgy. Addition Hills in Mandaluyong …
Read More »BSP, Comelec sign escrow agreement for 2022 national elections
The Bangko Sentral ng Pilipinas (BSP) and the Commission on Elections (COMELEC) signed an Escrow Agreement for the safekeeping of the Automated Election Systems (AES) source code for the National and Local Elections in May 2022. Under Republic Act No. 9369 or “The Election Automation Law,” the COMELEC is mandated to deposit the AES source codes with the BSP for …
Read More »
The Market Monitor Minding the Nation's Business