BSP to raise penalties

The Bangko Sentral ng Pilipinas (BSP) will impose penalties and sanctions on financial institutions that ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

View in browser   |   Download our app December 17, 2024 TRANSPORTATION SMC to rent Nayong Pilipino property for airport project SMC Infrastructure, a unit of Ramon Ang-led San Miguel Corp., has sealed a 25-year lease agreement with the Philippine Amusement and Gaming Corp. (Pagcor) to use the gaming regulator's 15-hectare Nayong Pilipino property for the conglomerate's airport development project. By Ian Nicolas P. Cigaral POLICY BSP to raise penalties on violation of payment rules The Bangko Sentral ng Pilipinas (BSP) will impose penalties and sanctions on financial institutions that would violate the rules governing the use of the country's system for settlement of payments, with "stiffer" punishments waiting for repeat offenders. By Ian Nicolas P. Cigaral STOCK MARKET PSE suspends trading of Asiabest shares The Philippine Stock Exchange has indefinitely suspended the trading of the shares of Asiabest Group International, as the entry of a new investor as a majority shareholder was deemed tantamount to a backdoor listing. By Meg J. Adonis Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Converge's Uy embraces the Maroons Tech tycoon Dennis Anthony Uy of Pampanga, one of the key supporters of the UP Fighting Maroons, could just be the newest lucky charm of the premier state university. On Sunday night,  it was just Uy's first time to watch MBT in action. By Doris Dumlao-Abadilla INQUIRER PLUS-EXCLUSIVE T-bill rates rise ahead of BSP policy meeting The government was able to raise its target amount of short-dated debts during its last sale of Treasury bills (T-bills) for the year despite higher rates sought by investors, who are now waiting for the next move of the Bangko Sentral ng Pilipinas (BSP). By Ian Nicolas P. Cigaral Try Inquirer Plus. Inquirer Plus is the Philippine Daily Inquirer's premium subscription service. Register for a free 30-day trial to get access to Inquirer's fearless reporting, exclusive stories and more. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2024 PHILIPPINE DAILY INQUIRER, Barangay La Paz, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime