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...
Globe is expanding vital healthcare access for vulnerable communities through its long-running partnership with the PGH Medical Foundation, Inc. (PGH MFI). Serving over 600,000 patients yearly including charity cases, newborns and emergency cases, Philippine General Hospital is often the only option for low-income Filipinos needing life-saving treatment.
Thousands of volunteers across the country came together for Brigada Eskwela 2026 to get public schools ready for the opening of classes, cleaning facilities, repainting areas, tending gardens and carrying out small repairs. Over 600 BDO employees took part in the effort, donating paint, supplies and vegetable seedlings to support work at six partner schools spanning Metro Manila, Isabela, Misamis Oriental and Negros Oriental. Education officials praised the initiative as proof that the Filipino spirit of bayanihan remains strong, noting the contributions bring hope to learners. BDO representatives thanked school communities and volunteers, adding that the bank’s long-running support for the program reflects how collective action helps build better learning spaces for Filipino youth.
The Philippines has cleared a critical milestone in its drive for greater energy security after Prime Energy completed the month-long maintenance turnaround of the Malampaya Deep Water Gas-to-Power Project, restoring indigenous gas production and preparing the country's biggest gas field for a fresh production boost later this year.
The Philippines has taken its first concrete step toward adopting the OECD-backed Global Minimum Tax, laying the groundwork for a sweeping overhaul of how large multinational companies are taxed and signaling a new era in cross-border corporate taxation.