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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Year-end travel: Smart ways to stretch your budget

With the -ber months fast approaching, many Filipinos are mapping out year-end trips, family reunions, or long-awaited vacations abroad.

Documents show Marcoleta donations funded campaign

Notarized deeds of donation and testimony in a plunder case show that a total P75 million given to Senator Rodante Marcoleta by former congressman Mike Defensor, and businessmen Joseph Espiritu and Aristotle Viray was intended to support the lawmaker’s 2025 senatorial campaign, rather than for personal use.

Electric cooperatives demand energy reforms as Visayas power grid struggles 

Persistent power alerts in the Visayas have prompted the Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) to call for major government-led structural reforms in the energy sector.

Nestlé PH pours nearly P500M into Batangas plant to boost chocolate drink production

Nestlé Philippines has committed nearly P500 million to expand its manufacturing facility for Chuckie chocolate drink in Tanauan City, Batangas, marking a major move to scale up output and respond to rising consumer demand.

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