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...
France’s Ofi Invest Group and the Philippine National Oil Co. (PNOC) have forged a new cooperation framework to accelerate biomethane development and circular-economy solutions in the Philippines, signaling fresh momentum for the country’s energy transition.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has called for a faster, more disciplined overhaul of how government agencies support farmers and fisherfolk, directing those under the Department of Agriculture to focus on securing stable demand, strengthening market access, and helping agri-fishery enterprises with business-level rigor.
The country’s foreign debt rose slightly in the third quarter of 2025, but levels remained manageable and supportive of overall economic stability, data from the Bangko Sentral ng Pilipinas (BSP) show.
The Ecosystems Research and Development Bureau (ERDB) has launched an AI-powered Knowledge Hub to improve access to its environmental research and publications.