Tag: BSP

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BSP to suspend coin deposit machines program for review

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) said it will temporarily suspend the operation of Coin Deposit Machines (CoDMs) in select malls starting June 17 to conduct a comprehensive review aimed at enhancing the coin recirculation program. 

Rice prices ease in early May, supports slowing inflation trend

Banking & Insurance Context.ph Context.ph -
Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.

T-bill rates ease at auction as inflation slows

Banking & Insurance Context.ph Context.ph -
Treasury bill yields fell across all tenors at Monday’s auction, as the sharp deceleration in April inflation heightened expectations of potential monetary policy easing.

OceanaGold, BSP renew 3-year gold buying deal

Banking & Insurance Context.ph Context.ph -
OceanaGold (Philippines), Inc. said the Bangko Sentral ng Pilipinas has renewed its 3-year agreement to buy gold from the listed mining company. 

Easing rice prices may slow inflation in April

Top News Context.ph Context.ph -
Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.
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Cuna targets faster permits, stricter compliance

Environment 0
Environment Secretary Juan Miguel Cuna is moving to streamline permits, accelerate renewable energy projects, and tighten enforcement in protected areas as he sets priorities for the 

Palo Alto Networks launches AI-focused cybersecurity tools in ASEAN

Communications & Technology 0
Global cybersecurity firm Palo Alto Networks has rolled out a new suite of security solutions across ASEAN markets, including the Philippines, as enterprises grapple with rising risks tied to cloud computing and artificial intelligence.

Transport operators gain access to P3M EV loans

Transport & Logistics 0
Licensed transport operators and drivers will soon be able to access financing of up to P3 million per unit as they transition from traditional vehicles to electric alternatives, Trade Secretary and Small Business Corp. (SBCorp) Chair Cristina Roque said Friday.

PTAA unveils tourism drives to boost jobs 

Travel & Tourism 0
The Philippine Travel Agencies Association (PTAA) is rolling out a pair of initiatives designed to stimulate domestic tourism and generate livelihoods, as the industry contends with rising fuel costs and evolving travel demand.

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