BSP to end zero spread on peso rediscounting loans in June
The Bangko Sentral ng Pilipinas (BSP) has granted a final extension of the zero spread on its peso rediscount loans anew until the end of June this year as part of the gradual withdrawal of extraordinary liquidity measures deployed during the height of the COVID-19 pandemic.
PayMaya simplifies ‘crypto trade via all-in-one app experience
Digital financial services leader PayMaya has launched its cryptocurrency (crypto) feature through its all-in-one finance app experience, enabling Filipinos to easily buy and earn digital assets such as Bitcoin and Ethereum for as low as P1.
10M pieces of plastic P1,000 bills up for circulation test this year
About 10 million pieces of P1,000 polymer banknotes are due for limited circulation test this year, according to the Bangko Sentral ng Pilipinas (BSP).
PDIC announces appointment, reappointment of private reps in Board
State-run Philippine Deposit Insurance Corp. (PDIC) announced the appointment of former Social Security System president and CEO Aurora Ignacio and the reappointment of Rogelio Guadalquiver as members of its Board of Directors representing the private sector.
UNO Digital Bank ties up with Mastercard for debit cards
UNO Digital Bank led by bankero Manish Bhai has tied up with Mastercard for the issuance of virtual and physical debit cards.
ADB projects slower Phl growth this year than IMF
The Philippines is forecast to grow by 6 percent this year in terms of the gross domestic product (GDP) and faster to 6.3 percent by next year, the Manila-based Asian Development Bank said on Wednesday.
LRMC releases LRT-1 train schedule for 2022 Holy Week
Light Rail Transit – Line 1 (LRT-1) private operator Light Rail Manila Corporation (LRMC) is set to conduct its annual maintenance activities to continuously provide safe and reliable transportation system with a temporary suspension of LRT-1 operations from 14 April (Maundy Thursday) to 17 April 2022 (Easter Sunday).