To modernize financial education, the Bangko Sentral ng Pilipinas (BSP) has introduced its inaugural set of e-learning modules, developed in partnership with the BSP-BDO Foundation (BDOF). Read more »
In a promising development for financial inclusion and efficiency, the Bangko Sentral ng Pilipinas (BSP) proudly announced on Tuesday, July 23, the successful achievement of its goal to raise the share of digital payments in retail transactions to 50 percent by 2023. Read more »
Cash remittances from overseas Filipino workers (OFWs) showed resilience in April 2024, marking a 3.1% year-on-year increase to $2.562 billion, as reported by the Bangko Sentral ng Pilipinas (BSP) on Monday, June 17. Read more »
In a move towards diversifying the financial sector in the Philippines, the Bangko Sentral ng Pilipinas (BSP) announced on Wednesday, April 17, that it is currently in discussions with two institutions eager to establish Islamic banking operations within the country. Read more »
The Philippines’ tourist sector had a historic resurgence in 2023, with the Department of Tourism (DOT) reporting its first travel surplus in 15 years. Read more »
