Philippines
Hong Kong, Indonesia and Philippines raise rates
Indonesian hike is above expectations, while HKMA and BSP also raise rates
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
Philippine central bank raises capital requirements for rural banks
Rural banks’ association says the measure could hurt banks in low-income areas
Philippine central bank raises policy rates by 50bp
The BSP revises upwards average inflation for 2022 to 5.4% from 5%
Philippine central bank to freeze licensing of digital asset firms
Existing financial institutions under the BSP’s supervision can still apply for a licence
Singapore and Philippines make unscheduled policy decisions
Central banks tighten policy as inflation continues to rise and US releases inflation data
Asian central banks deploy FX reserves to prop up currencies
Analysts remain confident in Asia’s financial stability, but recession risks are building
New Philippines governor says he may accelerate tightening
Felipe Medalla says policy rates could be raised by more than 25 basis points
BSP raises rates by 25bp, while Indonesia holds
Economist warns Philippine central bank’s action may not be enough to bring inflation down
The Central Banking Awards 2022 virtual ceremony
View the trophy presentations and acceptance comments from the winners of the ninth annual Central Banking Awards
People: Skingsley to head BIS Innovation Hub
New deputy governor in Philippines; BIS names new Asia-Pacific rep; and more
Philippines president-elect plans to move governor to finance ministry
Marcos nominates board member Felipe Medalla as next governor
Rates round-up: South Africa, Philippines and Egypt hike
Emerging markets tighten policy amid unrelenting inflation
Lifetime achievement: Stanley Fischer
Fischer has had a profound impact on monetary economics and central banking during his prolific career
Central Banking Awards 2022: third group revealed
Awards recognise payments, currency, regulatory technology and financial market infrastructure
Currency initiative: Central Bank of the Philippines’ Cash Service Alliance
Homegrown IT system allows Philippine central bank to direct cashflows between banks during Covid-19
Payment services: CMA
Swedish payments firm is now key player in new payment system linking the Arab world and beyond
BSP inks deal with Australian firm for polymer note
Note Printing Australia will produce 1000-peso banknote, circulating from next year
MAS and BSP to pursue retail payment linkage
Central banks of Singapore and the Philippines promise to advance co-operation on fintech
BSP sees no signs of capital outflow as Fed taper begins
Central Bank of the Philippines now mulling exit from its own purchase programme
BSP governor sides with ‘team transitory’ as inflation stays high
Philippine inflation averaged 4.5% during the first nine months this year, well above target
Philippines sets ‘P2M’ QR payments in motion
New function could help BSP hit 50% digital retail payment target, says governor
BSP calls for criminalisation of ‘extreme’ coin hoarding
Proposal comes as police seize hoard of 50 million pesos worth of pennies
Philippines central bank calls for urgent reform of secrecy law
Financial industry says current law attracts money launderers as governor demands change