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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Cirtek swings to loss as Quintel sale weighs

Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.

Crescendo set to benefit from SCTEX Luisita expansion

Ayala Land’s Crescendo estate is poised to benefit from the expansion of the SCTEX Luisita Interchange, as improved connectivity strengthens Tarlac’s position as an emerging growth center in Central Luzon.

JJ Ibarreta named communications director at DM&A Co.

Dugenia, Marayan & Associates Co. (DM&A Co.) has appointed John “JJ” Ibarreta as Communications Director, strengthening its leadership team as a digital-first integrated communications agency.

DA highlights sugar technologists’ role in industry growth

Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. recognized the Philippine Sugar Technologists Association (PhilSuTech) as a vital partner in driving science-backed growth, higher incomes, and resilience for the country’s sugarcane industry.

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