Online gambling sites are shifting to new platforms in the Philippines as operators adapt to tighter government regulations despite efforts by the BSP and e-wallet providers to curb access. Read more »
GCash users who enjoy playing games through GLife will need to cash out soon. The mobile wallet announced that it will suspend access to gaming on the platform starting Saturday, August 16, at exactly 8 p.m., in line with a new order from the Bangko Sentral ng Pilipinas (BSP). Read more »
The Philippines is celebrating a major achievement in currency innovation as its First Philippine Polymer Banknote Series (FPPBS) was named “Best New Banknote or Banknote Series” by the International Association of Currency Affairs (IACA). Read more »
The Philippines has made significant strides in enhancing its anti-money laundering (AML) and counter-terrorism financing (CFT) efforts, earning recognition from both the International Monetary Fund (IMF) and the Financial Action Task Force (FATF). Read more »
In a welcome surprise for consumers, inflation in the Philippines took a sharp downturn in September, hitting its lowest level in over four years. According to the PSA, the consumer price index (CPI) fell to 1.9 percent year-on-year, down from 3.3 percent in August. Read more »
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 »
