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...
Rizal Commercial Banking Corp. (RCBC) is urging Philippine businesses to stay on guard against trade and foreign exchange risks, warning that months of geopolitical disruptions will continue to weigh on cash flows and profitability even as global oil prices retreat and key shipping routes reopen.
The Bangko Sentral ng Pilipinas (BSP) said the country's gross international reserves (GIR) remained robust at USD104.8 billion as of end-June 2026, providing a solid financial buffer despite easing from USD110.8 billion at the close of 2025. The central bank said the reserve level remains more than sufficient to support the economy against external shocks while ensuring the country's ability to meet import requirements and service foreign debt obligations.
In business, the sharpest investment isn't always a new production line or gleaming machinery. Sometimes, it is handing someone a knife—after the proper training, of course.
As the Philippines faces another El Niño episode—forecast to become a "super El Niño" by late 2026 and last into early 2027—Manila Water says it is far more capable now of delivering reliable 24/7 service than during previous dry spells.