Tags: Bangko Sentral ng Pilipinas

By Satur C. Ocampo At Ground Level | The Philippine Star A week before Christmas, news reports on the country’s economic prospects — coming from the government, the Bangko Sentral, and two international credit-rating agencies — are uniformly upbeat: the economy will not only stay within growth targets, but the Philippines will “outperform” its Southeast…

By INA ALLECO R. SILVERIO Bulatlat.com The alliance of workers and various cause-oriented groups Defend Job Philippines is backing the fight of employees of Banco Filipino Mortgage Bank against what they said was unjust and inhumane lay-off. Banco Filipino employees held a protest recently in front of the Bangko Sentral ng Pilipinas (BSP) in protest…

BY ALEXANDER MARTIN REMOLLINO Bulatlat.com The government, said Bayan Muna (People First) Rep. Teddy Casiño, may impose additional taxes to raise the income needed to finance this year’s proposed P1.053 trillion ($20,371,445,153) national budget. In the 2006 proposed budget, the real value of the proposed budget for education and health decreased while that for debt…

Both a Filipino migrants’ leader and the top executive of the Bangko Sentral ng Pilipinas say that the increase in remittances from overseas Filipino workers (OFWs) this year is due to the increase in the deployment of workers and professional for overseas jobs. This, in turn, is due to the economic crisis ailing the country.…