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The Bangko Sentral ng Pilipinas (BSP) has scrapped the budget ceiling for its peso rediscounting facility, one of the central bank’s tools to plug short-term liquidity needs of banks.

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                    [Title] => BSP ready for US debt default
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The Bangko Sentral ng Pilipinas (BSP) is ready to deploy measures in case the US Congress fails to raise the debt ceiling and cause the US to default on its borrowings, a senior monetary official said.

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                    [Title] => Asian central banks seen to keep key rates
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A decade has passed. Today, on this particular last day of the year, we  are prodded to go back to the last 10 years and revisit what had  transpired.
                    [DatePublished] => 2010-12-31 00:00:00
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LEHMAN BROTHERS HOLDINGS INC

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abtest

BSP lifts limit on rediscount facility

By Kathleen A. Martin | October 16, 2013 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has scrapped the budget ceiling for its peso rediscounting facility, one of the central...

Business

BSP ready for US debt default

By Kathleen A. Martin | October 14, 2013 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) is ready to deploy measures in case the US Congress fails to raise the debt ceiling and cause the US to default on its borrowings, a senior monetary official said.

Business

Asian central banks seen to keep key rates

By Kathleen A. Martin | October 13, 2013 - 12:00am

Central banks in Asia, including the Philippines, are expected to maintain key policy rates amid uncertainties brought about by the partial shutdown of the US government and the pending deadline to raise the US debt...

Business

DOJ indicts bank exec for perjury

By Edu Punay | October 7, 2013 - 12:00am

The Department of Justice (DOJ) has indicted an executive of Standard Chartered Bank (SCB) for lying under oath in a lawsuit filed by Philippine Investment Two Inc. (PI II), the former local unit of the defunct American...

Metro

Palace: No order to persecute Ongpin

By Alexis Romero | September 28, 2011 - 12:00am

Malacañang yesterday denied that it is persecuting businessman Roberto Ongpin, who is accused of benefiting from a P660-million behest loan granted by a state-owned bank.

Metro

Ongpin: Palace is persecuting me

By Edu Punay | September 27, 2011 - 12:00am

Businessman Roberto Ongpin decried yesterday an order of the government to declassify banking information in the P660 million in alleged behest loans granted by the state-owned Development Bank of the Philippines...

Metro

Looking forward

By Rey Gamboa | December 31, 2010 - 12:00am

A decade has passed. Today, on this particular last day of the year, we are prodded to go back to the last 10 years and revisit what had transpired.

Business

Bush says coordinated action saved world economy

October 14, 2009 - 2:14pm

SEOUL (AP) – Coordinated international action helped avert even worse consequences from the financial crisis that erupted last year, former President George W. Bush said Wednesday.

Singapore's gay community holds first-ever rally

May 16, 2009 - 9:08pm

SINGAPORE (AP) - The gay community in tightly controlled Singapore held its first-ever rally Saturday, taking advantage of looser laws on public gatherings to call for equality.

US Treasury Secretary unveiling regulatory agenda

March 26, 2009 - 3:20pm

WASHINGTON (AP) – The Obama administration is proposing an extensive overhaul of financial regulations in an effort to prevent a repeat of the banking crisis last fall that toppled once-mighty institutions...