For the period October to December 2022, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved one public sector foreign borrowing of $2 billion, which is lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021.
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 Aurora Pacific Economic Zone and Freeport Authority (APECO) has signed a cooperation agreement with the Alberta Council and is preparing a separate memorandum of understanding with a Canadian power generation company, as it seeks to convert investor interest into actual projects in Casiguran, Aurora.
City of Dreams Manila has taken first place in the Travel and Leisure category and placed 53rd overall among 300 companies in the Philippines’ Best Employers 2027, a study by the Philippine Daily Inquirer and Statista.
The Philippines, working with the United Nations Development Programme (UNDP) and a broad alliance of partners, is rolling out a unified national response to climate-related loss and damage — a move officials say will safeguard hard-won progress and unlock global financing.
ALPAS Group has donated nearly P100,000 to the National Union of Journalists of the Philippines (NUJP) to strengthen mental health support for media workers facing the psychological toll of covering violence, disasters, threats and harassment.