The BSP spoke on the issue regarding the alleged shipment of gold bars to Thailand. BSP – The Bangko Sentral ng Pilipinas asserted that there is no circular that supposedly permitted the alleged shipment of the gold bars to Thailand. In a previous news report, it is stated that former Pres. Benigno ‘Noynoy’ Aquino III … Read more
Bangko Sentral ng Pilipinas (BSP) revealed that the Philippines business sentiment turned bullish in the second quarter of te year after the landslide victory of the Davao City Mayor Rodrigo Duterte in the recently concluded national and local elections based upon the latest survey of BSP. BSP deputy governor Diwa Guinigundo said the overall confidence … Read more
Banks obliged to change old banknotes according to Bangko Senral ng Pilipinas (BSP) Banks obliged to change the old backnotes until the end of the year according to Bangko Senral ng Pilipinas (BSP). It reminded all Philippine financial institutions that they are required to exchange, or replace the new design series (NDS) banknotes. The central … Read more
Financial institutions Bangko Sentral ng Pilipinas (BSP) and investment giant JP Morgan expect the Philippines will continue to grow under President Duterte. BSP, JP Morgan believes that the country will continue to attract confidence of the markets as the Philippine economic growth prospers under the administration of Mayor Rody Duterte. According to BSP Deputy Governor … Read more
ABS-CBN reporter Warren De Guzman posted a photo of the two P100 bill on his official Twitter account and asks his followers whether they can tell which one is the new 100 peso bill. The Bangko Sentral ng Pilipinas announced that they will replace the P100 bills next year following complaints that it looks similar … Read more
The country’s monetary agency, Bangko Sentral ng Pilipinas announced on Monday, that they will start withdrawing old bank notes from circulation starting January 1, 2015 until December 31, 2015. The demonetization process of the old bank notes was revealed to the media by BSP Deputy Governor Diwa C. Gunigundo. Watch the Video Report from GMA … Read more