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BSP pushes for digital services, microfinancing for small businesses

Jessica Fenol, ABS-CBN News
Updated as of Nov 27 07:26 AM

The BSP aims to improve the exposure of micro, small and medium enterprises’ (MSMEs) to loans by supporting policies for innovative services, Diokno said in a speech during the 17th Citi Microentrepreneurship Awards.  Read more »

Suspension of rice imports won't impact inflation, says Diokno

ABS-CBN News
Posted at Nov 20 07:00 PM

"...On prices naman, sinusewerte pa rin tayo, mababa pa rin ang long term forecast of oil prices, sinuswerte tayo all the way. So, we’ll have a nice Christmas," says BSP Gov. Ben Diokno.  Read more »

Bangko Sentral pauses interest rate cuts

ABS-CBN News
Posted at Nov 14 04:08 PM

The overnight borrowing rate, used by banks to price loans was kept at 4 percent. The Monetary Board last cut the benchmark by 25 basis points last Sept. 26, for a total of 75 basis points this year. Read more »

Inflation holds steady in October, below government target

ABS-CBN News
Updated as of Nov 05 11:12 AM

Governor Benjamin Diokno of the Bangko Sentral said Monday there would be no more cuts in the benchmark interest rate and the reserve requirement ratio or RRR for banks for the rest of 2019. Read more »

Gov't told to exhaust all remedies vs junking of Marcos forfeiture case

ABS-CBN News
Updated as of Oct 25 08:28 PM

After the Sandiganbayan dismissed another case against the Marcos family involving millions of ill-gotten wealth for insufficiency of evidence, veteran human rights lawyer Chel Diokno called on the government to revisit charges against the family. Read more »

Diokno says 2020 inflation risks tilt to 'upside' due to swine fever, oil

ABS-CBN News
Updated as of Oct 25 11:37 AM

For the rest of 2019, Diokno said inflation would stay within the "lower half" of the BSP's 2 to 4 percent target.  Read more »

BSP monitors water situation, swine fever over possible effects on inflation

Vivienne Gulla, ABS-CBN News
Posted at Oct 23 08:14 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Wednesday said he does not see water woes in Metro Manila as an upside risk to inflation. Read more »

Bangko Sentral cuts reserve requirement for banks by another 100 basis points

ABS-CBN News
Posted at Sep 27 06:27 PM

The reserve requirement for universal and commercial banks was trimmed to 15 percent from 16 percent, thrift banks to 5 percent from 6 percent, and rural banks to 3 percent from 4 percent. Read more »

BSP governor signals lower 2019 inflation forecast despite various risks

ABS-CBN News
Posted at Sep 25 11:41 PM

The Bangko Sentral ng Pilipinas is confident inflation will remain subdued despite external and domestic risks.  Read more »

BSP seen cutting rates for 3rd time this year on Thursday

Karen Lema, Reuters
Posted at Sep 23 07:15 PM

Ten out of 11 economists polled expect the central bank to use the room afforded to it by slowing inflation to cut the rate on its overnight reverse repurchase facility by 25 basis points to 4 percent.  Read more »

FLAG lawyers tagged in sedition complaint seek halt of DOJ probe

Mike Navallo, ABS-CBN News
Posted at Sep 20 01:09 PM

MANILA – Three Free Legal Assistance Group (FLAG) lawyers tagged in the sedition complaint against Vice President Leni Robredo and more than 30 other opposition figures have asked the Court of Appeals (CA) to stop the Department of Justice’s (DOJ) probe into the alleged ouster plot against President Rodrigo Duterte. Read more »

Bangko Sentral to move coin, currency production to New Clark City

Warren de Guzman, ABS-CBN News
Updated as of Sep 13 11:38 AM

Construction of the 29-hectare facility in New Clark City is expected to finish before the end of President Rodrigo Duterte's term in 2022, Diokno told reporters. Read more »

Flawed justice system 'biggest stumbling block' to PH dev't: Diokno

ABS-CBN News
Updated as of Sep 12 09:57 AM

MANILA - The Philippines' flawed justice system is the "biggest stumbling block" to the country's development, human rights lawyer Chel Diokno said Thursday. Read more »

Human rights lawyer: Good conduct law's provisions 'confusing'

ABS-CBN News
Posted at Sep 12 09:13 AM

In this edition of #MattersofFact, a human rights lawyer calls on Congress to carefully review the Good Conduct Time Allowance law. Attorney Jose Manuel Diokno, chairman of the Free Legal Assistance Group says the provision that excludes heinous crime convicts from availing of the law is confusing because it can be found in the section talking about jail detainees. Diokno also says the law's implementing rules and regulations is not to blame for the confusion as the law itself is ambiguous. Read more »

'Gawa-gawa lang': Diokno says to fight 'absurd' sedition raps

ABS-CBN News
Updated as of Sep 12 09:29 AM

Human rights lawyer Chel Diokno on Thursday said he would fight the sedition and other complaints against him by the police, which he slammed as "ridiculous" and "absurd." Read more »

Duterte signs law regulating Islamic banks

Arianne Merez, ABS-CBN News
Updated as of Aug 30 12:05 PM

President Rodrigo Duterte has signed a law on a regulatory framework for Islamic banking in the country following the creation of an expanded Bangsamoro Region. Read more »

Bangko Sentral probes potential fallout from POGO halt

ABS-CBN News
Posted at Aug 27 02:05 PM

The study by the BSP's Financial Stability team and the Anti-Money Laundering Council will focus on the impact of POGOs or Philippine Offshore Gaming Operations on property and consumer businesses, Diokno said. Read more »

Diokno says another 25-basis point rate cut coming by end-2019

Reuters
Posted at Aug 27 01:43 PM

Further cutting banks' reserve requirement ratio (RRR) is a "live issue," the regulator also said Read more »

Carmen Diokno: Remembering an unsung heroine

Gerry Lirio, ABS-CBN News
Posted at Aug 26 06:07 AM

Diokno felt sorry for the burden Carmen had to bear, for raising the family by her lonesome, and for paying the price of being the wife of a Marcos critic. Read more »

Otso Diretso bets move to disqualify OSG from DOJ sedition probe

Mike Navallo, ABS-CBN News
Posted at Aug 19 03:43 PM

Three Otso Diretso senatorial candidates and a former Supreme Court spokesperson implicated in the sedition complaint against Vice President Leni Robredo and more than 30 others have asked the panel of prosecutors investigating the complaint to disqualify the Office of the Solicitor General (OSG) from appearing in the probe. Read more »