Tag: Bangko Sentral ng Pilipinas

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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.

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

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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Mitsubishi partners  with government to deepen PH investment 

Mitsubishi Motors Philippines Corp. (MMPC) is strengthening ties with key government agencies as it moves to streamline vehicle imports and lay the groundwork for future investments, including the local production of hybrid electric vehicles.

Globe gets NTC approval for national Starlink satellite-to-mobile service

Globe Telecom Inc. has received official approval from the National Telecommunications Commission (NTC) to commercially operate Starlink’s satellite-to-mobile services across the Philippines. This permit, signed by NTC Commissioner Ella Blanca Lopez, aligns with the government’s goal to advance digital transformation and close the digital divide nationwide.

Meralco energizes new substation in Cavite

Manila Electric Company (Meralco) has placed the new Osorio (Conchu) Substation into operation. This project adds 83 megavolt amperes of capacity and upgrades key equipment to improve power reliability in Trece Martires City and General Trias.

Thrift banks post strong 2025 growth, helps boost PH economic expansion

The Chamber of Thrift Banks (CTB) said Monday that the Philippine thrift banking industry achieved robust growth in 2025, marking continued stability and contribution to national economic development.

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