Banking & Insurance
BSP cancels FIL-Express’s registration over regulatory breach
In a move to uphold financial regulations, the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) canceled the registration of FIL-Express International Remittance & Delivery Services, Inc. as a licensed money service business (MSB).
BOC Intelligence Group triples seizures, confiscates P81B illicit goods in 2024
The Intelligence Group at the Bureau of Customs more than tripled the value of its seizures from 2022 to 2024.
GSIS spreads holiday cheer with P1.5M raffle for members and pensioners
The Government Service Insurance System (GSIS) is giving back this holiday season by launching a P1.5 million raffle to encourage members and pensioners to...
BSP, JICA seal deal for permanent credit scoring tool supporting SME growth
The Bangko Sentral ng Pilipinas (BSP) and its partner the Japan International Cooperation Agency (JICA) have agreed to make permanent a jointly crafted program designed to facilitate ease of access to credit among small and medium enterprises (SME).
ADB green lights $500-M loan enhancing budget framework and local governance in BARMM
The Asian Development Bank (ADB) has approved a USD500 million policy-based loan aimed at advancing the country's public financial management (PFM) reforms and ensuring better public services for Filipinos.
