Philippines (National)
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Andrea E. San Juan's coverage primarily focuses on government announcements, data citations, and press releases related to business and industry in a variety of sectors such as economy, trade, investments, exports among others. She seems to be interested in covering stories that have an impact on the broader business and economic landscape.
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THE Bangko Sentral ng Pilipinas (BSP) has laid out a set of sanctions it would slap on BSP-supervised institutions (BSIs) who violate the provisions of the Financial Consumer Protection Act (FCPA). In a draft circular, the BSP said it is set to adopt amendments to the FCP Enforcement and Administrative…
THE Bangko Sentral ng Pilipinas (BSP) announced last Tuesday of supporting the use of artificial intelligence (AI) by BSP-supervised financial institutions (BSFIs) guided by developing global standards.
THE total assets held by the Philippine banking system continued to expand on the back of “healthy” growth in lending, sustained deposit inflows, and higher investment holdings.
BRINGING more people into the formal financial system by propelling the usage of digital payments will help the central bank have a “more timely” view of economic activity and better measurement of inflationary pressures, according to a deputy governor of the Bangko Sentral ng Pilipinas (BSP).
WHILE supporting the extension of maximum repayment period for salary loans, thrift banks are worried that decision by the central bank would negatively impact borrowers.
FILIPINOS working abroad have poured larger-than-usual amounts of money into the household coffers of their families back home despite grappling with war-triggered inflation for the third straight month.
PUBLIC inflation statistics play an important role in shaping expectations of households about future price changes especially amid persistently high inflation, a discussion paper published by the Bangko Sentral ng Pilipinas (BSP) noted. A discussion paper titled “State-Dependent Updating of Household Inflation Expectations” examined how households combine public inflation signals…
WHILE the Philippine financial system's total resources reached a record P37.6 trillion as of May 2026 despite inflationary pressures and global uncertainty, the system should ensure that this growing pool of funds will be channeled into productive investments, micro, small, and medium enterprises (MSMEs) and job creation, according to experts.
THE annual growth in banknote withdrawals from the Bangko Sentral ng Pilipinas (BSP) may have slowed due to a lethargic economy coming into the end of 2025.
BOOSTING the adoption of digital payments in the country will help Filipinos “evolve” and fulfill their “unmet needs” such as access to responsible credit, insurance, savings, and investments, according to the Bangko Sentral ng Pilipinas' (BSP) head of Payments and Currency Management Sector.
