Tag: Bangko Sentral ng Pilipinas

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MB approved $2 billion public sector foreign borrowing in Q4 2022

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. 

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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DOF backs USD250M World Bank loan for skills training

The Department of Finance (DOF) has endorsed a proposed...

PMI calls for policy, science cooperation to expand smoke-free adoption

Philip Morris International (PMI) is calling for closer cooperation among government, scientists and industry to accelerate the adoption of smoke-free products in the Philippines, saying scientific innovation must be matched by supportive policies, consumer awareness and product accessibility.

PH pushes for stronger action-oriented climate response amid very strong El Nino threat at Baku Dialogue

With the world facing rising temperatures and the likelihood of a very strong El Niño, the Philippines is calling for urgent, concrete action to turn its national climate plans from written policy into real protection for vulnerable communities.

ASEAN+3 fortifies regional financial shield with launch of rapid financing facility 

Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.

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