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(Eagle News) — The Palace on Tuesday, March 5, expressed confidence the Commission on Appointments would approve Benjamin Diokno’s appointment as the new Bangko Sentral ng Pilipinas governor. According to Presidential Spokesperson Salvador Panelo, Diokno was, after all, “a good man,” an “experienced man,” an “expert man” and a “man of integrity.” He said these were the reasons President Rodrigo Duterte appointed Diokno at the helm of the BSP in the first place. Earlier, then-House […]
(Eagle News) — The Department of Budget and Management on Tuesday, March 5, expressed confidence the Bangko Sentral ng Pilipinas and the Philippine economy in general were “in good hands” with Benjamin Diokno at the helm of the BSP and the Monetary Board. In a statement, the DBM said “Secretary Ben, a lifelong public servant and economics professor,” after all, “embodies the decisive leadership, professional experience, and technical competence needed in a central bank governor.” […]
(Eagle News) — The Philippine banking industry on Tuesday, March 5, welcomed the appointment of Budget Secretary Benjamin Diokno as the new governor of the Bangko Sentral ng Pilipinas. In a statement, the Bankers Association of the Philippines lauded Diokno as a “respected economist, academic and civil servant” who spearheaded “various budget and governance reforms which improved the efficiency of the delivery of government services in the country.” “The BAP is optimistic that the reformist brand […]
(Eagle News) — President Rodrigo Duterte has named a Budget undersecretary as officer-in-charge of the Department of Budget and Management. Duterte named Janet Abuel at the helm of the DBM following the appointment of then-Budget Secretary Benjamin Diokno as Bangko Sentral ng Pilipinas governor. Diokno replaced Nestor Espenilla, who passed away after fighting tongue cancer, in February. Diokno will serve Espenilla’s remaining term until 2023. Abuel, a bar topnotcher, finished her Masters of Public Administration […]
(Eagle News) — President Rodrigo Duterte on Tuesday, Feb. 26, visited the wake of Bangko Sentral ng Pilipinas governor Nestor Espenilla Jr. in Taguig. The visit at The Arlington Chapel, Aeternum in Heritage Park took place three days after Espenilla passed away after battling tongue cancer. Espenilla was appointed at the helm of the BSP in July 2017. He also served as ex-officio chairman of the Anti-Money Laundering Council, Philippine International Convention Center and the […]
(Eagle News)–The Palace on Sunday, Feb. 24, expressed its condolences to the kin of Bangko Sentral ng Pilipinas governor Nestor Espenilla, who passed away on Saturday night. In a statement, Presidential Spokesperson Salvador Panelo said the Palace was “saddened” to learn about the “untimely demise” of Espenilla. “This UP magna cum laude graduate was best remembered by the ordinary Juan de la Cruz for making financial services closer to Filipinos who—we are all aware—transact mostly […]
(Eagle News) — Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr., 60, who had been undergoing cancer treatment for more than a year, passed away on Saturday, Feb. 23. “It is with deep sadness that the Monetary Board (MB) announced that Bangko Sentral ng Pilipinas Governor and Chairman of the Monetary Board Nestor A. Espenilla, Jr. peacefully passed away on 23 February 2019 surrounded by members of his family,” the BSP’s statement said. “The […]
(Eagle News)–Deputy Governor Almasara Cyd Tuaño-Amador has been named officer-in-charge of the Bangko Sentral ng Pilipinas following the death of Nestor Espenilla. The BSP said this was until President Rodrigo Duterte appoints the new head of the country’s Central bank. According to the BSP, the decision to make Tuaño-Amador officer in charge was made in a special meeting by the Monetary Board, the BSP’s policy-making body. Espenilla passed away on Saturday after battling tongue cancer. He […]
(Eagle News)–Bangko Sentral ng Pilipinas Governor Nestor Espenilla passed away on Saturday night. Espenilla, who had been battling tongue cancer, was 60 years old. He was appointed BSP governor in 2017.
(Eagle News) — Iniimbestigahan na ng Bangko Sentral ng Pilipinas (BSP) ang napaulat ng data breach sa pawning and remittance firm na Cebuana Lhuillier. Ang nasabing data breach ay nakaapekto sa personal na impormasyon ng nasa 900,000 na kliyente ng nasabing remittance firm. “The Bangko Sentral ng Pilipinas has recently been informed of a data breach incident involving Cebuana Lhuillier which affected personal information of about 900,000 clients,” ayon sa BSP. Ayon sa BSP, nakikipag-ugnayan […]
(Eagle News) — Senator Sonny Angara on Thursday, Jan. 17, called for the passage of a law that would grant tax exemptions to small-scale miners who would sell their gold to the Bangko Sentral ng Pilipinas. In a statement, Angara said if passed, the Gold Bill, as it is called in the Senate, will “ensure the strength of the country’s (gross international reserves)” promote the Philippines’ “greater monetary and external sector stability,” and “help support the […]
(Eagle News) – Bangko Sentral ng Pilipinas said that the inflation recorded last October, pegged at 6.7 percent, the same as the previous month, meant that “inflation pressures have started to moderate.” The BSP said that the “month-on-month seasonally-adjusted headline inflation” had actually “eased further to 0.3 percent in October from 0.8 percent in September. It said this confirmed the “BSP’s view that inflation momentum has started to slow down.” “Inflation held steady in […]
