Tag: Bangko Sentral ng Pilipinas

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

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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

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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

Banking & Insurance Context.ph Context.ph -
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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E-wallets increasingly used to move stolen money, Coins.ph warns

Finance 0
The use of e-wallets to funnel stolen money has more than doubled in a year, highlighting how fraudsters are exploiting legitimate financial platforms to move illicit funds, digital asset exchange Coins.ph warned.

APECO taps US firm to map Casiguran investment prospects

Trade & Investments 0
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has enlisted US-based Planate Management Group to map investment opportunities and infrastructure requirements for its 12,923-hectare Casiguran ecozone, an initiative that could pave the way for US-backed project financing.

Yuchengco’s PetroGreen ties up with China’s Ming Yang in major Philippine offshore wind push

Energy & Mining 0
PetroGreen Energy Corp. (PGEC), the renewable energy unit of listed PetroEnergy Resources Corp. (PERC) led by the Yuchengco group, has entered a strategic partnership with China’s Ming Yang Smart Energy Group Ltd., one of the world’s top wind turbine makers, to advance offshore wind development in the country.

Kris Aquino brings star power to Shopee’s 11.11 shopping spectacle

Lifestyle 0
Shopee is adding a familiar dose of star power to its 11.11 shopping campaign, tapping Kris Aquino to headline a two-day livestream showcase packed with celebrity appearances, product launches, and shopping deals ahead of Christmas.

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