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...
The Bureau of Customs (BOC) has launched a two-pronged effort to ease cargo congestion at the Ninoy Aquino International Airport (NAIA), combining immediate operational measures with an interagency task force aimed at resolving long-standing bottlenecks across the country's major ports and airports.
Law enforcers dismantled an unregistered fertilizer manufacturing facility in Barangay Sta. Monica, Rizal, Nueva Ecija in a joint raid on July 15. They seized 500 bags of fake fertilizer, 21 granulator machines and several trucks valued at about P900,000.
Nearly half a million Filipino fisherfolk depend on the West Philippine Sea for their livelihoods, making the area critical not only for territorial claims but also for the country’s economy and food supply. Speaking at the 10th anniversary commemoration of the 2016 South China Sea Arbitral Award, Agriculture Undersecretary for Fisheries Drusila Esther E. Bayate emphasized that securing fishing communities is key to strengthening food security, economic resilience and national sovereign rights. Official records show 453,246 registered fisherfolk live in areas along the West Philippine Sea, with the largest groups in Palawan, followed by Pangasinan, Batangas and Cavite.