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

Banking & Insurance Context.ph Context.ph -
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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PAL raises additional $50 million to fund fleet upgrade and route expansion

Transport & Logistics 0
The Philippine Airlines, Inc. (PAL), led by the Lucio Tan group, is raising an extra $50 million to support its fleet modernization efforts and expand its international flight network.

GSIS net income jumps 28%, gains go straight to members 

Banking & Insurance 0
The Government Service Insurance System (GSIS) earned P94.75 billion in the first half of 2026—up nearly 28 percent year-on-year—with total assets rising to P2.05 trillion. Operating costs stayed very low, so 94 centavos of every peso spent went directly to benefits and claims.

Central bank projects inflation no higher than 6.6% in July

Banking & Insurance 0
The Bangko Sentral ng Pilipinas projects inflation will fall between 5.6 percent and 6.6 percent. The range reflects competing forces shaping the economy.

The green revolution could leave wildlife in the red

Education, Health & Science 0
The world needs more minerals to build electric vehicles,...

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