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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ICTSI seeks one-stop shop, integrated logistics plan for Luzon corridor

International Container Terminal Services Inc. is urging the government to cut delays that can hold up private investment under the Luzon Economic Corridor, proposing a one-stop shop for investors and an integrated logistics master plan.

PSAC urges shift from disaster response to preventive investment

The Private Sector Advisory Council is urging the government to shift from responding to disasters after they occur to investing ahead of risks, calling for tougher construction standards, major flood-control measures, and faster approval of critical water projects.

Subic-Clark-Manila-Batangas rail key test of Luzon corridor

The 212-kilometer Subic-Clark-Manila-Batangas freight railway is emerging as a key test of whether the Luzon Economic Corridor can turn investor interest into actual infrastructure, with the government targeting tangible progress within the next 12 to 18 months.

Vanity personal care execs arrested over illegal securities sales 

The owner and finance manager of local wellness chain Dermacare have been arrested following coordinated law enforcement action, marking a clear demonstration of regulatory vigilance against unauthorized financial activities in the country.

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