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...
San Miguel Corp. (SMC) said land development work for the New Manila International Airport in Bulacan is progressing and follows international standards, with global dredging firm Boskalis Westminster continuing to support the project.
Cash remittances from overseas Filipinos reached US$3.17 billion in October 2025, bringing the total for January to October to US$29.20 billion, underscoring their continued role as a key driver of household spending and foreign exchange inflows in the economy.
As the Philippines intensifies efforts to contain African Swine Fever (ASF), global pork supply chains are adjusting, and Belgian exporters are positioning themselves as a dependable alternative source for the local market.
The Manila Electric Co., the country largest power distributor better known as Meralco, has launched a Competitive Selection Process (CSP) to secure 200 megaWatts of baseload renewable energy capacity, strengthening compliance with its Renewable Portfolio Standards obligations and signaling fresh momentum for green power procurement.