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...
Honda Cars Philippines Inc. is stepping on the accelerator as demand for its electrified lineup surges, with hybrid sales nearly doubling in 2025. President Rie Miyake called the uptick the start of “a new phase” in Honda’s local electrification drive.
The country’s gross international reserves rose to $111.1 billion at end-November 2025, up from $109.7 billion in October. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) show the reserves can cover 7.4 months of imports, far above the standard three-month safety benchmark, signaling strong economic resilience.
The Philippines is heading into 2026 with economic resilience that continues to impress global observers—but experts warn that sustaining momentum will demand sharper reforms and more agile policymaking.
The Manila Electric Company (Meralco) has partnered with the Philippine Economic Zone Authority (PEZA) to support the development of new “greenfield” ecozones, including the Pantao Ecozone in Albay and the Palawan Mega Ecozone in Puerto Princesa.