Tag: BSP

Browse our exclusive articles!

Philippine reserves ease to USD103.3B in July

Banking & Insurance Context.ph Context.ph -
The Philippines’ gross international reserves (GIR) fell to USD103.3 billion at the end of July from USD104.7 billion a month earlier, while the country posted a USD1.5-billion balance of payments (BOP) deficit, reflecting continued pressure from external transactions.

Digital payments hit target as Filipinos shift from cash

Banking & Insurance Context.ph Context.ph -
Digital payments accounted for nearly two-thirds of retail transactions in the Philippines last year, putting the country within its national target range and underscoring how quickly electronic payments are replacing cash in everyday commerce.

RCBC joins BSP-backed Direct Debit PH payment system

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC) is among the first banks to join Direct Debit PH, a new automated recurring payment facility championed by the Bangko Sentral ng Pilipinas (BSP) to modernize the country’s payments system and accelerate the shift toward a cash-lite economy.

BSP sees elevated inflation shaping 2027 budget

Economy Context.ph Context.ph -
The Bangko Sentral ng Pilipinas expects inflation to remain elevated in 2027, with the government adopting a 4 percent to 5 percent inflation assumption in crafting the proposed national budget amid continued global and domestic price risks.

Metrobank adds new safeguards as digital scams evolve

Banking & Insurance Context.ph Context.ph -
Metropolitan Bank & Trust Co. is strengthening its digital banking defenses with new security features designed to give customers greater control over their money as fraudsters become more adept at exploiting stolen credentials and human error.
123...17Page 1 of 17

Popular

McDonald’s, COREnergy expand power deal in VisMin

Energy & Mining 0
McDonald’s Philippines is expanding its electricity supply partnership with COREnergy to 23 more restaurants in the Visayas and Mindanao, seeking to lower power costs and make a major operating expense more predictable as it grows its nationwide network.

BPI first PH universal bank to bag dual global data security, privacy certifications

Corporate Bulletins 0
The Bank of the Philippine Islands (BPI) has become the country’s first universal bank to earn both ISO/IEC 27001:2022 (information security) and ISO/IEC 27701:2019 (data privacy) certifications, underscoring its commitment to protecting customer information amid growing digital transactions.

DOF consultations to shape ProGRESS tax reform bill

Economy 0
The Department of Finance (DOF) has opened nationwide consultations on the proposed ProGRESS Bill, putting its next tax reform package before businesses, taxpayers, and other stakeholders as the government refines the measure ahead of its legislative push.

GCash launches instant digital tax refund service for Filipino travelers across 16 countries

Travel & Tourism 0
GCash has officially rolled out its Digital Tax Refund service, allowing Filipino travelers shopping abroad to receive eligible tax refunds in mere minutes directly into their GCash wallets—a major upgrade from the weeks-long processing times that came with traditional bank or credit card refund claims.

Subscribe

spot_imgspot_img