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Keisha Ta-Asan
Keisha Ta-Asan
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BSP coin machine collections hit P889 million
by Keisha Ta-Asan - September 1, 2024 - 12:00am
Transactions via the coin deposit machines deployed by the Bangko Sentral ng Pilipinas surged to nearly P900 million as more Filipinos use these machines to recirculate idle coins.
Tech expenses of Asian banks seen rising by up to 20 percent
by Keisha Ta-Asan - August 28, 2024 - 12:00am
Technology-related expenses may rise by up to 20 percent a year over the next two to three years for banks in South and Southeast Asia, according to S&P Global Ratings.
AMLC to use AI amid surge in transaction reports
by Keisha Ta-Asan - August 28, 2024 - 12:00am
The Anti-Money Laundering Council (AMLC) is modernizing its operations by developing an artificial intelligence (AI) program to better manage the large volume of transaction reports it processes annually. 
Remolona named among top central bank chiefs
by Keisha Ta-Asan - August 27, 2024 - 12:00am
Global Finance magazine has recognized Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. as one of the world’s top performing central bank chiefs for the decisions he made in fighting inflation.
Moody’s unit sees Asia-Pacific growth sustained through 2025
by Keisha Ta-Asan - August 26, 2024 - 12:00am
Moody’s Analytics expects growth in Asia-Pacific economies, including the Philippines, to remain strong in 2024 and 2025, driven by improving trade, robust investment and sustained consumer spending.
GoTyme posts P17 billion deposits, 1.7 million new customers in H1
by Keisha Ta-Asan - August 25, 2024 - 12:00am
The total deposits of digital lender GoTyme Bank reached P17.3 billion after onboarding 1.7 million customers in the first half, bringing its total customer base to 3.7 million since its launch in November 2022...
‘Philippines a great market for Citi’
by Keisha Ta-Asan - August 25, 2024 - 12:00am
Global banking giant Citi has found a lucrative market in the Philippines and expressed continued confidence in the country’s growth prospects, citing strong local talent, global business interest and an optimistic...
120 LGUs now part of Paleng-QR Ph
by Keisha Ta-Asan - August 24, 2024 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) has onboarded 120 local government units as of July 31 onto its Paleng-QR Ph Plus program, an initiative that promotes cashless transactions in public markets, public utility...
Security Bank raises P20 billion from 5-year corporate bonds
by Keisha Ta-Asan - August 24, 2024 - 12:00am
Security Bank Corp. raised a record P20 billion as investors swarmed its bond offering during its return to the domestic bond market.
Philippines, Cambodia ink MOU for closer financial cooperation
by Keisha Ta-Asan - August 24, 2024 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) signed a memorandum of understanding (MOU) with the National Bank of Cambodia (NBC) to boost closer cooperation between the two central banks.
Moody’s affirms Philippinesinvestment grade
by Keisha Ta-Asan - August 24, 2024 - 12:00am
Moody’s Investors Service affirmed yesterday its Baa2 rating – a notch above minimum investment grade – and stable outlook for the Philippines as growth is expected to remain high due to resilient...
AMLC hails win against Napoles in money laundering case
by Keisha Ta-Asan - August 24, 2024 - 12:00am
The Anti-Money Laundering Council (AMLC) hailed a major legal victory as Manila Regional Trial Court Branch 24 convicted Janet Napoles of money laundering, in relation to the Priority Development Assistance...
InstaPay, PESONet transactions rise 35%
by Keisha Ta-Asan - August 23, 2024 - 12:00am
The value of electronic fund transfers coursed through InstaPay and PESONet jumped by 35 percent to P9.45 trillion in the first seven months from P7.02 trillion a year ago as Filipinos continued to use digital channels...
‘BSP’s dovish bias negative for peso’
by Keisha Ta-Asan - August 23, 2024 - 12:00am
While the peso has strengthened against the dollar recently, the local currency is still sensitive to depreciation pressures from expectations over US Fed policy amid the “dovish bias” of the Bangko Sentral...
Pampanga RTC convicts Chinese national of money laundering
by Keisha Ta-Asan - August 23, 2024 - 12:00am
The Regional Trial Court Branch 56 of Angeles City has found drug laboratory operator Xinli Chen guilty of 35 counts of money laundering, the Anti-Money Laundering Council said yesterday.
PSE lifts trading suspension on Dominion Holdings shares
by Keisha Ta-Asan - August 22, 2024 - 12:00am
The Philippine Stock Exchange lifted the trading suspension of Dominion Holdings Inc. after it complied with regulatory requirements.
Philippines remains net creditor in IMF financing operations
by Keisha Ta-Asan - August 22, 2024 - 12:00am
The Philippines will maintain its status as a net creditor in the Financial Transactions Plan (F of the International Monetary Fund (IMF) until January 2025, which allows the country to provide financial assistance...
Loan growth to inch up amid BSP rate cuts
by Keisha Ta-Asan - August 22, 2024 - 12:00am
S&P Global Ratings expects Philippine banks’ lending growth to slowly increase in the next two years amid the monetary easing cycle of the Bangko Sentral ng Pilipinas.
BSP key rate seen at 5% by mid-2025
by Keisha Ta-Asan - August 21, 2024 - 12:00am
The Bangko Sentral ng Pilipinas could deliver two more 25-basis-point rate cuts this year and 75 basis points worth of easing in early 2025 as inflation is likely to remain within target until 2026, according...
UnionBank expands offers for ultra-rich clients
by Keisha Ta-Asan - August 20, 2024 - 12:00am
Union Bank of the Philippines is planning to introduce a suite of new and enhanced investments products for its ultra-high-net-worth clients, as part of its ongoing efforts to meet its clients’ evolving n...
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