Filipino design finds prime 5th Avenue stage
Philippine furniture and home décor makers are gaining a coveted showcase in the heart of Manhattan as the Likhang Filipino exhibition brings the country's design craftsmanship to one of the world's most influential commercial corridors.
IMF flags legal, cyber risks in digital peso push
The International Monetary Fund (IMF) has urged the Bangko Sentral ng Pilipinas (BSP) to strengthen its legal, operational, and cybersecurity foundations as it advances plans to explore a wholesale central bank digital currency (wCBDC), highlighting the growing complexity of building next-generation financial infrastructure.
US crab ban threatens key export lifeline
The Philippines' blue swimming crab industry is facing a major threat to one of its most important export markets, prompting exporters to call for urgent government intervention before a looming US import restriction takes effect.
Eala turns Birmingham grass into familiar turf
The grass courts of Birmingham can be slippery places, full of awkward bounces and shortened rallies that punish hesitation. A year ago, Alex Eala found little comfort there, exiting early and leaving with more questions than answers.
Foreign currency reserves stand at US$104 billion in May; remains strong buffer for economy
The country’s gross international reserves (GIR) reached US$104 billion as at end-May this year, according to preliminary figures from the Bangko Sentral ng Pilipinas (BSP). This reflects a slight drop from the previous month, caused mainly by the national government withdrawing funds from its foreign currency deposits with the central bank to pay off foreign debts, lower value of the BSP’s gold holdings due to falling global gold prices, and net foreign exchange transactions carried out by the central bank.
