Tag: Bangko Sentral ng Pilipinas

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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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LG Electronics Philippines connects with Subic hospitality sector in technology showcase

LG Electronics Philippines recently held a two-day event in partnership with WSI, Subic Freeport Chamber of Commerce, and Subic Hotel Association at Lighthouse Hotel Subic on April 23–24.

Port users back clampdown on shipping fees

The country's largest port users' group has backed the Bureau of Customs' (BOC) proposal to regulate domestic charges imposed by foreign shipping lines, lending industry support to a long-running push to curb logistics costs that weigh on Philippine trade.

WTO backs Philippines’ reform push amid uncertainty

The World Trade Organization (WTO) has thrown its support behind the Philippines' economic reform agenda, with Director-General Ngozi Okonjo-Iweala urging the country to sustain policy momentum as rising geopolitical tensions and a fragile global economy continue to test international trade.

Gaming industry pushes literacy over blanket bans 

The Philippine video game industry is pushing back against calls for blanket bans on violent video games, arguing that stronger digital literacy, parental supervision, and better enforcement of age restrictions would do far more to protect children online than outright prohibitions.

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