Governor Eli Remolona Jr. (seated, second from right) stresses the importance of research in helping central banks ...

Banks this month started to implement the uniform 20% final withholding tax (FWT) on interest income, regardless of the term ...

THE Bangko Sentral ng Pilipinas (BSP) said financial inclusion must go beyond simply increasing account ownership, after the reported slight decline in account penetration in the 2024 World Bank ...

DBM Secretary Amenah Pangandaman with DTI-NCR Acting Regional Director Jay Acar, DILG-NCR Regional Director Maria Lourdes ...

The Bangko Sentral ng Pilipinas (BSP) has pledged to deepen financial inclusion in the Philippines to bring more Filipinos into the formal financial ...

THE Department of Finance (DOF) made clear that interest income from bank deposits—not the savings—will be taxed at a uniform rate of 20 percent to “correct an unfair system” that favors the rich. In ...

The Bangko Sentral ng Pilipinas (BSP) said it remains committed to deepening financial inclusion to ensure that more Filipinos will be onboarded to the formal financial system. The BSP made the ...

Public backlash is growing over parts of the Capital Market Efficiency Promotion Act (CMEPA), particularly provisions on ...

THE Bangko Sentral ng Pilipinas (BSP) is drafting new regulatory guidelines to assess the level of digital integration among ...

Enhanced guidelines on digitalization among Philippine banks will be released within the year to level the playing field, a ...

While Filipinos abroad sent home more than the $2.88 billion recorded in May 2024, it stayed flat compared to the previous month’s $2.97 billion. This brings the cumulative personal remittances from ...

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits edged higher on Wednesday as the offer went undersubscribed amid fresh domestic inflation concerns following the peso’s recent weakness ...