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[Title] => 5 quakes jolt parts of Luzon, Visayas
[Summary] => Five earthquakes yesterday rocked parts of Luzon and the Visayas but there were no reports of damage or injuries, state seismologists said.
[DatePublished] => 2012-02-02 00:00:00
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PASTRANA AND MERCEDES
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[Title] => 5 quakes jolt parts of Luzon, Visayas
[Summary] => Five earthquakes yesterday rocked parts of Luzon and the Visayas but there were no reports of damage or injuries, state seismologists said.
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abtest
By Ghio Ong | February 2, 2012 - 12:00am
Recommended
The Bangko Sentral ng Pilipinas (BSP) has granted temporary regulatory relief to banks and quasi-banks to shield their reported capital positions from unrealized losses on peso government securities caused by market volatility from the Middle East conflict.
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The Bangko Sentral ng Pilipinas is looking to bring more small and informal merchants into the digital payments ecosystem by easing onboarding requirements and addressing high transfer fees, as it pushes for broader use of electronic payments across the country.
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BSP relief protects bank capital ratios from yield-driven securities losses, but does not remove underlying duration risk.
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Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. has asked for the reappointment of Monetary Board members Walter Wassmer and Jose Querubin, whose terms are set to end on July 2.
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The Bangko Sentral ng Pilipinas (BSP) may still deliver more rate hikes this year after raising borrowing costs for a second straight meeting, although economists are divided on whether the central bank will keep tightening or pause as soon as oil prices ease and growth weakens.
5 days ago
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