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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Steel industry flags standards in  infrastructure projects

The local steel industry is calling for stricter enforcement of material standards in infrastructure projects, warning that substandard and underweight steel products remain a persistent risk in the domestic market.

LGUs pressed to accelerate digital collections

Local government units (LGUs) are being urged to fast-track the modernization of public collection systems as digital payments continue to dominate everyday transactions in the Philippines.

PNB expands ISO information security certification, includes Singapore branch

The Philippine National Bank has passed its surveillance audit for the ISO/IEC 27001:2022 information security standard and expanded the coverage of its certification, reinforcing its efforts to protect customer and business data.

P4M food hub upgrade boosts women’s livelihood in Muntinlupa

The Department of Agriculture (DA) and the Muntinlupa city government have invested P4 million to upgrade a local food hub that supports women-led enterprises and community food production.

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