For the period October to December 2022, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved one public sector foreign borrowing of $2 billion, which is lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021.
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.
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...
The Department of Agriculture (DA) and Davao-based Abante Agri-Products Philippines Inc. have shipped 32,000 fresh young coconuts (buko) to Monrovia, Liberia, marking a milestone that could unlock new West African export opportunities for Philippine agriculture.
The Department of Environment and Natural Resources has completed three community water supply systems in Barangay Datal Anggas, providing over 1,000 households across three sitios with direct access to clean, potable water.
Citi expects 2026 to mark a record year for investment banking across Southeast Asia, as accelerating mergers and acquisitions (M&A), artificial intelligence-related financing and capital-market fundraising drive deal activity, with the Philippines among markets accessing international debt investors.
Ten public health and tobacco control organizations have urged the Department of Trade and Industry (DTI) to strengthen enforcement of restrictions on nicotine product promotions, alleging repeated violations involving IQOS and ZYN sponsorships of entertainment and cultural events.