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...
Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.
Travel experts often say the best trip moments are the unplanned ones — happy detours, new activities or unexpected finds that never made the original itinerary. Now Philippine Airlines (PAL) and the Singapore Tourism Board (STB) are encouraging Filipino travelers to embrace that spirit with their joint “We Don’t Wait for Fun” and “SG Sige G!” campaign.
NLEX Corporation held the inauguration of a new stretch of the NLEX‑C5 Northlink project on Thursday, timed before the big holiday traffic buildup for Undas.
The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.