The Bangko Sentral ng Pilipinas (BSP) is set to issue a new circular aimed at safeguarding users of digital financial platforms from the risks posed by online gambling, as part of its broader financial consumer protection agenda and commitment to enhancing Filipinos' financial health.
The Bangko Sentral ng Pilipinas (BSP) on Friday said the inflation outcome in June kept to its forecast range of 1.1 percent to 1.9 percent, reinforcing expectations of subdued price pressures for the rest of the year.
Headline inflation in the Philippines rose to 1.4 percent in June, up from May’s six-year low of 1.3 percent, driven by increased housing and utilities costs—especially electricity—and a seasonal increase in education services following the start of classes.