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The Bangko Sentral ng Pilipinas (BSP) has terminated its contract with its supplier of cards and equipment for the Philippine Identification System (PhilSys) or National ID project for failure to ...
MANILA, Philippines - Documented counterfeit banknotes went up by 18.4 percent year-on-year in 2024, which the Bangko Sentral ng Pilipinas (BSP) attributed to increasing capability of banks and the ...