Tag: Bangko Sentral ng Pilipinas

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

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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

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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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Prices slash across all fuels; PH plans regional reserves with Japan’s help

Energy & Mining 0
The Department of Energy (DOE) confirmed this week will see broad price rollbacks, with reductions starting at P4.76 per liter for gasoline, P9.26 for diesel, and P10.86 for kerosene.

New pharmacy concept combines local trust, Japanese wellness at One Ayala

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AC Health has launched the first St. Joseph Drug Powered by Sugi store at One Ayala in Manila, blending local healthcare knowledge with Japan’s wellness expertise.

VP seeks early impeachment case dismissal

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Vice President Sara Duterte on Monday formally answered the impeachment charges filed by the House of Representatives, with her legal team submitting a 50-page response before the Senate that seeks the case’s immediate dismissal. According to spokesperson Michael Poa, the filing challenges the impeachment proceedings on several grounds, including alleged defects and constitutional infirmities in House procedures, deficiencies in the substance of the complaint, and questions over the admissibility of evidence. The House earlier impeached Duterte over allegations of unexplained wealth, high crimes, and misuse of public funds, accusations she has consistently denied.

Nordeco elevates franchise dispute to Supreme Court, challenges private takeover

Energy & Mining 0
Northern Davao Electric Cooperative Inc. (Nordeco) has brought its legal battle over power distribution rights to the Supreme Court, seeking clarification and review of rulings that allow it to operate alongside Davao Light and Power Co.

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