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Keisha Ta-Asan
Keisha Ta-Asan
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Remittances rise 2% to $3.37 billion in August
by Keisha Ta-Asan - October 16, 2026 - 12:00am
Personal remittances from overseas Filipinos rose by two percent to $3.37 billion in August from $3.31 billion in the same period last year, sustaining growth despite global uncertainties, according to the Bangko...
Peso crosses 63 to $1 level
by Keisha Ta-Asan - October 16, 2026 - 12:00am
The peso breached the 63-to-a-dollar level yesterday, closing at a fresh record low as  US inflation heated up,  reinforcing expectations of prolonged high interest rates and  boosting the dollar against ...
BSP revamps capital rules for banks’ fraud, cyber risks
by Keisha Ta-Asan - October 15, 2026 - 12:00am
The Bangko Sentral ng Pilipinas  has adopted a new framework for determining how much capital banks must maintain against losses from fraud, cyberattacks and operational failures, with full implementation set...
PAGCOR profit to drop below P5 B this year
by Keisha Ta-Asan - October 15, 2026 - 12:00am
The Philippine Amusement and Gaming Corp. expects its net income to fall below P5 billion this year from P17.47 billion in 2025, weighed down by higher mandatory remittances to the government’s sports agency...
BSP trims BOP deficit forecasts for 2026, 2027
by Keisha Ta-Asan - October 14, 2026 - 12:00am
The Philippines may post narrower balance of payments deficits for the next two years than earlier expected, although elevated fuel costs, geopolitical tensions and uneven global growth are still seen weighing on...
PAGCOR targets casino exit by 2027
by Keisha Ta-Asan - October 14, 2026 - 12:00am
The Philippine Amusement and Gaming Corp. is targeting to complete its exit from casino operations by the third or fourth quarter of 2027, as the state gaming regulator moves closer to securing government approval...
High food, energy prices to weigh on Philippines growth
by Keisha Ta-Asan - October 14, 2026 - 12:00am
The Philippine economy is expected to book slower growth than most major Southeast Asian peers this year as high food and energy prices weigh on activity, before staging a stronger rebound in 2027, according to the...
FDI inflows sink 44% in July – BSP
by Keisha Ta-Asan - October 14, 2026 - 12:00am
Foreign direct investment net inflows into the Philippines fell sharply in July from a year ago, pulling the seven-month tally down by nearly a quarter as all major components of foreign investment weakened.
BMI hikes bank lending growth forecast for Philippines
by Keisha Ta-Asan - October 13, 2026 - 12:00am
BMI, a unit of Fitch Solutions, has raised its forecast for bank lending growth in the Philippines this year but warned that higher borrowing costs and sluggish economic activity could slow credit expansion through...
Golden TW eyes 2nd hotel, luxury villas in Boracay
by Keisha Ta-Asan - October 13, 2026 - 12:00am
Golden TW Realty and Development Corp. is eyeing a branded hotel and luxury villas as part of a long-term expansion of its 23-hectare property in Boracay, following an initial investment of P3 billion in its newly...
PAGCOR: Nearly 40K gamblers volunteer for self exclusion
by Keisha Ta-Asan - October 13, 2026 - 12:00am
The Philippine Amusement and Gaming Corp. has approved nearly 40,000 requests from gamblers seeking to bar themselves from betting, as the regulator intensifies its campaign to promote responsible gaming and...
‘Banks should shoulder more losses from digital scams’
by Keisha Ta-Asan - October 12, 2026 - 12:00am
Banks and other financial institutions should bear greater responsibility for losses from digital scams when these stem from weaknesses in their own controls, according to global management consulting firm Arthur...
Inflation pressures most widespread in Philippines – Nomura
by Keisha Ta-Asan - October 12, 2026 - 12:00am
The Philippines is facing the most widespread inflation pressures among Asian economies tracked by Japanese investment bank Nomura, strengthening the case for further interest rate hikes by the Bangko Sentral ng...
Hot money swings to 315 million dollar outflow in August
by Keisha Ta-Asan - October 12, 2026 - 12:00am
Foreign portfolio investments swung back to a net outflow in August, reversing three straight months of net inflows, as renewed geopolitical tensions, higher oil prices and inflation concerns weighed on investor...
UK-based Revolut eyes Philippines digital bank license
by Keisha Ta-Asan - October 11, 2026 - 12:00am
British financial technology giant Revolut is looking to establish a wholly owned Philippine entity and secure licenses to offer digital banking and payment services, potentially adding another major foreign player...
Philippines to adopt global bond pricing system in 2027
by Keisha Ta-Asan - October 11, 2026 - 12:00am
The Philippines will adopt an international pricing system for peso-denominated government and corporate bonds starting early next year, as authorities seek to attract more foreign investors and eventually lower...
Confidence in banking system intact – BSP
by Keisha Ta-Asan - October 10, 2026 - 12:00am
Confidence in the Philippine banking system remains intact, the Bangko Sentral ng Pilipinas (BSP) said, citing banks’ strong fundamentals and safeguards meant to protect the integrity of the financial sys...
Online scams cost Filipinos P121.8 billion in one year
by Keisha Ta-Asan - October 10, 2026 - 12:00am
Filipinos lost an estimated P121.8 billion to scams over the past year, with digital wallets emerging as the primary channel used to transfer money to fraudsters, according to a new report.
BofA sees below 3% growth for Philippines
by Keisha Ta-Asan - October 9, 2026 - 12:00am
The Philippine economy could grow by less than three percent this year as weak household spending and sluggish investment continue to drag domestic demand, while renewed inflation pressures raise the possibility...
Chinabank names Dee chairman emeritus, revamps leadership
by Keisha Ta-Asan - October 9, 2026 - 12:00am
China Banking Corp. has named longtime director Gilbert Dee as chairman emeritus following his resignation as vice chairman and executive director, while also implementing changes to its board committees and wealth...
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