News

Bagong barya: BSP launches new designs for coins

ABS-CBN News
Posted at Mar 26 07:29 PM

MANILA - The Bangko Sentral ng Pilipinas (BSP) on Monday formally launched new designs for Philippine coins.  Read more »

Banks announce schedules for Holy Week 2018

ABS-CBN News
Updated as of Mar 28 03:18 PM

MANILA - Banks have announced operating schedules for the Holy Week. Read more »

Energy Development Corp secures $90-million funding from IFC

ABS-CBN News
Updated as of Mar 23 12:54 PM

Energy Development Corp said Friday it signed a $90-million financing agreement with the International Finance Corp to help fund portions of its capital expenditures this year. Read more »

Palestinian teen on trial for striking Israeli soldier agrees plea deal

Ali Sawafta, Reuters
Posted at Mar 22 11:41 AM

OFER PRISON, West Bank - A teenage Palestinian girl who was filmed kicking and slapping an Israeli soldier in the occupied West Bank accepted a plea deal on Wednesday under which she will be sentenced to eight months in prison, her lawyer said. Read more »

PH posts $429-M balance of payments deficit in Feb

ABS-CBN News
Posted at Mar 19 05:14 PM

The Philippines posted a balance of payments deficit of $429 million in February, the central bank said Monday.  Read more »

Keep calm and carry on with rate hikes, central banks urged

Reuters
Posted at Mar 12 07:34 AM

The recent volatility in global financial markets should not deter top central banks from lifting interest rates or ending years of unprecedented stimulus, the Bank for International Settlements said on Sunday. Read more »

World Bank head warns Trump to be 'careful' on tariffs

Agence France Presse
Posted at Mar 08 09:57 PM

The chief executive of the World Bank urged US President Donald Trump on Thursday to be "careful" before imposing controversial steel and aluminium tariffs, warning that they could affect global trade. Read more »

Gross international reserves dip in February: BSP

ABS-CBN News
Posted at Mar 07 05:13 PM

The Philippines gross international reserves (GIR) fell in February according to preliminary data released by the central bank on Wednesday.  Read more »

OPINION: Again, the risks of joint exploration in Philippine EEZ

Ellen T.Tordesillas
Posted at Mar 07 01:18 PM

Acting Chief Justice Antonio T. Carpio has renewed his warning that any deal between the Philippines and a Chinese firm to jointly explore for gas in the Reed Bank of the South China Sea will be illegal unless China recognizes Philippine sovereignty over the area covered by the deal. China will not do that. Read more »

Buying a condo? Here's what OFWs need to consider

ABS-CBN News
Updated as of Mar 06 03:23 PM

Buying property is one of the goals of Filipinos who toil overseas for years and the construction boom brings with it a wealth of choices, mostly condominiums. Read more »

'Compromise' needed before PH-China joint exploration: Palace

Dharel Placido, ABS-CBN News
Posted at Mar 05 04:12 PM

Malacañang on Monday said a compromise must be reached before the Philippines and China can start to jointly explore and exploit a portion of the South China Sea. Read more »

Inflation in February may hit 4.8 pct - BSP think-tank

ABS-CBN News
Posted at Feb 28 07:47 PM

A research department of the central bank on Wednesday said it expects the February inflation rate to range from 4 to 4.8 percent.    Read more »

2 patay matapos umanong manlaban sa pulis sa Pasig

Jekki Pascual, ABS-CBN News
Posted at Feb 28 04:41 AM

Patay ang 2 lalaki matapos umanong manlaban sa mga pulis sa buy-bust operation sa Pasig Miyerkoles ng hatinggabi. Read more »

DBP seeks bigger role in 'Dutertenomics'

ABS-CBN News
Posted at Feb 27 01:31 AM

State-run lender Development Bank of the Philippines wants to play a bigger role in Dutertenomics, as it eyes to help fund more big-ticket infrastructure projects.  Read more »

Ilang operator, umangal dahil 'di makautang' para sa makabagong jeep

ABS-CBN News
Updated as of Feb 27 07:13 AM

Idinaing ng ilang operator ng jeep sa pagdinig ng House committee on Metro Manila development nitong Lunes ang hirap nila na makautang sa bangkong pag-aari ng gobyerno. Read more »

Peso weakness not caused by reserve requirement cut - BSP chief

ABS-CBN News
Posted at Feb 25 05:01 PM

The central bank on Sunday allayed worries that its move to cut the reserve requirement ratio (RRR) for banks will cause the peso to depreciate.  Read more »

ALAMIN: Karapatan ng buyer sakaling magka-aberya ang real estate developer

ABS-CBN News
Posted at Feb 22 06:31 PM

Sa mga nakabili ng lupa o condominium unit, may mga karapatan na kailangan malaman para hindi masamantala ng developer o bangkong nagpautang. Read more »

BSP Monetary Board member Valentin Araneta passes away

Michelle Ong, ABS-CBN News
Updated as of Feb 22 06:47 PM

The central bank confirmed on Thursday that Monetary Board member Valentin Araneta passed away on February 21 at the age of 69. Read more »

Preserving landscapes and open spaces seen as key to 'Green Cities'- experts

ABS-CBN News
Posted at Feb 20 06:18 PM

As Metro Manila experiences a building boom, concerns are being raised about the effects of the disappearance of open spaces and green spots.  Read more »

Mga kawatan, bigong tangayin ang P2 milyon sa pag-atake sa van ng bangko

Richmond Hinayon, ABS-CBN News
Posted at Feb 20 06:07 PM

Bigo ang mga kawatan na tangayin ang target nilang pera nang tambangan ang van ng isang bangko Lunes. Read more »