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...
In property development, green credentials can help sell a dream. Southlinks Estate now has five stars to back up the pitch—but turning a sustainable masterplan into a sustainable neighbourhood is the harder part.
The world’s leading development banks have expanded their collective lending capacity by USD792 billion over the next decade, opening more room to finance infrastructure, jobs and climate resilience in developing economies, including the Philippines.
Schools are being plugged into the country’s Unified 911 emergency system, allowing reports of campus violence and security threats to reach the Department of Education (DepEd) and police simultaneously as the government moves to speed up responses to school emergencies.
Filipino cuisine is making a pitch for a bigger place on Europe’s travel menu, and the potential price tag is substantial. A total P772.8 million in sales leads generated by Philippine tourism promotions in Paris.