By DIEGO C. CAGAHASTIAN Governor Eli Remolona Jr. of the Bangko Sentral ng Pilipinas (BSP) tried his hand at financial diplomacy in the international stage, with his plan to make regional financial health a focus for the Association of Southeast Asian Nations (Asean) next year. Remolona said the Bangko Sentral wanted to play an active role in setting Southeast Asia’s …
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Government officials especially the economic team of President Bongbong Marcos were happy to report that the inflation rate in November was down to 1.5%, a tiny improvement from October’s 1.7%, according to the Philippine Statistics Authority (PSA). The PSA pointed out that the latest inflation rate figure is lower compared to the same month in 2024, which was 2.5%. In …
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The banking industry is robust, and retail investors, businesses and individual consumers are availing themselves with affordable loans from the banks. This bodes well for a growing economy, even if saddled with various political woes. The Bangko Sentral ng Pilipinas (BSP) has released its preliminary data showing bank lending continued to expand in October, driven by steady credit demand from …
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The 28-day Bangko Sentral ng Pilipinas bill (BSPB) registered a lower yield in this week’s auction as investors continued to show strong appetite for short-term securities, the BSP reported Friday. In a statement, the central bank said the weighted average interest rate (WAIR) for the 28-day tenor fell by 6.45 basis points week-on-week to 4.9461 percent. The BSP kept the …
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TENNIS champion Alex Eala and volleyball ace Bryan Bagunas have been chosen to carry the Philippine flag during the opening ceremony of the 33rd Southeast Asian Games in Bangkok on Tuesday. Philippine Olympic Committee (POC) president Abraham “Bambol” Tolentino selected the two athletes, citing their prominence and impact in their respective sports. “Popularity aside, Alex and Bryan have made impacts …
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FROM regional and Continental supremacy, jiu-jitsu ace Annie Ramirez brought her dominance to the global stage. The Filipina warrior struck gold at the JJIF World Championships in Bangkok with a smashing run capped by a 2-0 victory over Astrid Scholin of Sweden in the adult -57kg Gi division then annexed the mint in the -57kg No-Gi event for a rare …
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The 67-member Philippine delegation, which includes 48 athletes, is scheduled to depart for Dubai, United Arab Emirates on Sunday, Dec. 7, and Monday, Dec. 8, for the 2025 Asian Youth Para Games. The bulk of the delegation, composed of athletes and officials from para archery, para athletics, boccia, goalball, para powerlifting, para swimming and para table tennis, will depart on …
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The hometown hero and ArenaPlus official ambassador is back in Manila for the Swing Above The Odds: Miguel Tabuena Victory Night hosted by ArenaPlus to celebrate his historic win during the International Series Philippines presented by BingoPlus. The private social event was held at the newly awarded Michelin selected, Uma Nota Manila in Taguig City last November 27. Family and …
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BingoPlus continues its support in the sports field as it sponsors not one, but two local golf tournaments over the weekend in the province of Cavite and Tacloban City. On November 7, the Empowering Cancer Patients (ECP) Cup was hosted at the Sherwood Hills Golf Club in Trece Martires, Cavite. The golf tournament was aimed to support cancer patients from …
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The United Arab Emirates, through the UAE Aid Agency, has dispatched urgent relief to families affected by the recent earthquake in several cities and barangays in Cebu. The delivery of aid was overseen by the UAE, as part of its proactive humanitarian mission, which ensures relief reaches communities in need in the most efficient manner. When disaster struck Cebu, the …
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The Market Monitor Minding the Nation's Business