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BOP surplus in December pared the full-year 2022 shortfall to only $7.3B

The balance of payments (BOP), essentially what is left after deducting the country’s foreign currency expenses against earnings, stood as a surplus of $612 million in December 2022, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

Tacloban Airport gets a massive P1.42B facelift under 2023 GAA

Among the airports with budget allocations for repairs are the Laoag International Airport (P785 million), Tacloban Airport (P1.420 billion), Antique Airport (P500 million), Bukidnon Airport (P80 million), Ninoy Aquino International Airport (P43 million), New Zamboanga International Airport (P200 million), Vigan Airport (P50 million), and M'lang Airport (P15 million).

BPI taps Euronet Worldwide to expand ATM Network into Southeast Asia

Ayala-led Bank of the Philippine Islands (BPI) has tapped Euronet Worldwide Inc., to enhance its ATM infrastructure to better serve customers who still rely on cash.

LT Group brings fabled rum brand to Austria

Lucio Tan’s LT Group Inc. has partnered with Weisshaus, a leading distributor of international spirits, to bring the Tanduay rum brand to Austria, making it the first Asian rum brand to enter the country.

BDO bags 2 major international awards for 2nd straight year

Sy-led BDO Unibank Inc. (BDO) was named Industry Champion of the Year and Top Sustainability Advocate in Asia, both for the second time at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia.

Just in

EastWest launches PERA products making retirement planning accessible to more Filipinos

East West Banking Corporation (EastWest) has introduced its EastWest PERA products to help more Filipinos prepare for long-term financial security.

BSP extends maximum repayment term for salary-based consumption loans to 7 years

The Bangko Sentral ng Pilipinas (BSP) has adjusted rules raising the maximum repayment period for salary-based general purpose consumption loans (SBGPCLs) from the standard three years — extendable only to five years in special cases — to seven years.

Security Bank forum guides businesses on energy efficiency, incentives and sustainable investments

Security Bank recently held Sustainability Talks 2026: Energy Savings and Tax Incentives for a Greener Tomorrow, a forum for commercial clients to address rising energy costs and changing regulations. The event gathered regulators, industry experts and business leaders to discuss strategies for better energy management, cost reduction and compliance with the Energy Efficiency and Conservation Act (EECA).

PLDT Enterprise strengthens partnership with Xeleqt to advance AI-IoT solutions

PLDT Enterprise has deepened its collaboration with Xeleqt Technology Innovations, Inc. to support the expansion of Xeleqt’s Artificial Intelligence of Things (AI-IoT) ecosystem.
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