Bangko Sentral ng Pilipinas

Also known as BSP

The Bangko Sentral ng Pilipinas (BSP) is enhancing its economic data gathering methods to improve monetary policy responsiveness by incorporating consumer sentiments and streamlining surveys. The BSP also approved the construction of a 31-hectare security complex in New Clark City, aimed at reducing Metro Manila congestion and boosting Central Luzon's economy. Additionally, the central bank is proposing prudential rules for digital-centric banks to ensure financial stability while fostering innovation.

This is an AI-generated summary based on recent coverage.
Last updated at August 2, 2025.

Recent stories about BSP

Villanueva calls for stricter BSP action on online lending apps linked to gambling

Senate Majority Leader Joel Villanueva called on the Bangko Sentral ng Pilipinas (BSP) to implement more stringent action against online lending apps amid concerns over their link to illegal online gambling.
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BSP's 31-hectare security complex in New Clark City approved

The Bangko Sentral ng Pilipinas' (BSP) construction of a 31.3-hectare security complex in New Clark City has been approved by the Bases Conversion and Development Authority (BCDA).
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BSP expects July inflation at 0.5-1.3%, down from June's 1.4%

Inflation is expected to slow down further in July, according to the Bangko Sentral ng Pilipinas (BSP), with forecasts within 0.5% to 1.3%, a decrease from June's rate of 1.4%.
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BSP may cut rates twice, GDP growth seen at 5.5%

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. indicated that a rate cut remains possible at the central bank's August policy meeting.
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Recto: Gov mulls stricter e-gambling rules

Finance Secretary Ralph Recto stated on Tuesday that the government is still studying additional regulations for the online gambling industry, following President Ferdinand Marcos Jr.'s silence on the issue during his State of the Nation Address.
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Recto: P6B annual revenue loss from US import zero tariffs

Finance Secretary Ralph Recto stated that the Philippines could lose up to P6 billion annually in revenue due to its decision to grant zero tariffs on selected US imports.
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Marcos honors OFWs for global contributions during SONA

President Ferdinand R. Marcos Jr. honored overseas Filipino workers (OFWs) for their significant role in promoting the Philippines during his 4th State of the Nation Address on Monday.
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BTr raises PHP28.4 B in T-bill auction, yields drop

The Bureau of the Treasury (BTr) increased the issuance of Treasury bills (T-bills) during Monday's auction, raising PHP28.4 billion compared to its initial plan of borrowing PHP25 billion.
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BSP, BTr sign MOU to enhance payments systems

The Bangko Sentral ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) signed a memorandum of understanding (MOU) on Thursday to enhance the resilience of their payments and settlements systems.
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Gov plans P200B RTB offering, expects strong demand

The Philippine government plans to raise P200 billion from its first retail Treasury bond (RTB) offering this year, with the Finance Secretary Ralph G. Recto indicating it could launch within this quarter.
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