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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GSIS urges Cordillera LGUs to boost public asset protection for disaster resilience

The Government Service Insurance System (GSIS) has called on local government units (LGUs) across the Cordillera Administrative Region to strengthen protection of public assets, in support of President Ferdinand R. Marcos Jr.’s push for a more resilient, disaster-ready and accountable government.

PhilFirst, UAE’s ProTech launch digital insurance services 

Leading Philippine non-life insurance provider PhilFirst has partnered with global InsurTech firm ProTech to roll out next-generation integrated insurance services across the country.

BIR, Customs unite to cut exporters’ compliance costs

The country's two biggest revenue agencies are stepping up efforts to make exporting faster and less costly, with the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR) rolling out reforms aimed at cutting red tape, expanding digital services and improving the ease of doing business.

SmarTrade boosts youth development through education, sports initiatives

SmarTrade is widening its social impact efforts by investing in education and sports programs, reflecting a growing trend among financial services firms to strengthen community engagement while nurturing the next generation.

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