Tag: BSP

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RCBC joins BSP-backed Direct Debit PH payment system

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

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

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.

Treasury bill yields slip; 91-day paper below 5%

Treasury bill yields continued to ease at Monday’s auction, with the rate on the benchmark 91-day paper slipping below 5 percent as cooling inflation strengthened expectations for a more accommodative monetary policy.

Peso, stocks brace for volatility as rate bets fade

Philippine markets may stay on edge as investors juggle Middle East risks, oil prices and the next move by the Bangko Sentral ng Pilipinas, but fading rate-hike bets are giving both the peso and stocks some breathing room.

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Third NSCR trainset arrives, keeping flagship railway project on track for 2027 partial launch

The Department of Transportation (DOTr) confirmed Wednesday that the North-South Commuter Railway (NSCR) program remains on schedule, as another key rolling stock unit arrived in the Philippines.

Globe inveils latest Blueprint: Personalized connectivity, rewards and lifestyle brands

Globe has launched its latest edition of The Blueprint this August, rolling out new technologies, strategic partnerships and enhanced customer experiences designed to make every digital interaction more meaningful, convenient and tailored to individual needs. Building on two earlier 2026 editions that centered on connectivity as a foundation for work, learning, earning and staying connected, this latest phase shifts focus from simple access to unlocking greater value—through easier service access, relevant offers, added benefits and experiences built around what customers truly enjoy.

Over 1,000 Southern Leyte students join BSP-backed financial inclusion drive, 528 new accounts opened

More than 1,000 students took part in an onboarding event for the Youth Financial Inclusion Initiative held on 20 August 2026 at Southern Leyte State University in Sogod, Southern Leyte, where 528 transaction accounts were successfully opened. Led by Visayas-based Youth Financial Inclusion Ambassadors in collaboration with the Bangko Sentral ng Pilipinas, this marked the second account-opening drive in the region under the Youth Financial Inclusion Ambassadors Program, building on the inaugural August 2025 activity that registered 551 new accounts at the same institution.

Megaworld targets 12,000 hotel rooms by 2032

Megaworld is accelerating its hospitality expansion, targeting nearly 12,000 hotel rooms by 2032 as it moves deeper into some of the Philippines’ fastest-growing tourism destinations, including Palawan and Ilocos Norte.

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