Tag: Bangko Sentral ng Pilipinas

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

Top News Context.ph Context.ph -
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.

BSP offering Tagbilaran City with digital currency and sweep it clean of torn, tattered peso bills

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) Visayas Regional Office (VRO) offered currency exchange services in Tagbilaran City to encourage the public to replace their unfit banknotes...

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Pax Silica hub targets USD70B investments, jobs

Communications & Technology 0
The Philippines’ planned high-technology hub under Pax Silica in New Clark City is emerging as a major investment magnet, with the project expected to attract up  to USD70 billion in investments, create as many as 190,000 direct jobs, and accelerate the country’s push into advanced manufacturing.

New Pasig sewer projects advance sanitation and river protection

Environment 0
Manila Water has expanded its sewer and sanitation services in its East Zone concession with the finish of the North Pasig Package 2 Sta. Monica Network and Lift Station Projects.

AI boom raises cybersecurity stakes in Philippines

Communications & Technology 0
The Philippines’ fast-growing adoption of artificial intelligence is opening new doors for businesses but also creating a more complex cybersecurity battlefield, with threats evolving at a pace that traditional defenses may struggle to match.

Telco rates digital connectivity as fifth essential utilty

Communications & Technology 0
Globe Telecom has declared digital connectivity as the country’s fifth basic utility, standing alongside water, electricity, gas, and transportation amid rising demand for online services nationwide.

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