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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BDO Life’s ‘Plan B’ wins big at 2026 Quill Awards

BDO Life has clinched multiple Excellence Awards at the 2026 Quill Awards, the country’s top honor for business communication, earning recognition in Marketing, Advertising & Brand Communication and Audio/Visual categories. Its “Plan B” campaign broke through usual insurance talk, turning rarely discussed topics of financial security and protection into relatable, even lighthearted conversations for Filipinos. Instead of positioning insurance as an investment, the effort centered on its real value: being ready for whatever life brings.

PBCom formalizes Ong appointment as new president, CEO

Philippine Bank of Communications (PBCom) has formalized the appointment of John Cary L. Ong as its new president and chief executive officer, completing a leadership reshuffle that also saw Hans Brinker M. Sicat leave the board and Patricia May T. Siy step down as CEO.

Philippine factories shift to ‘retrenchment mode’ as demand weakens

Philippine manufacturers shifted into “retrenchment mode” in September, cutting jobs, purchases and inventories as weak demand, high oil prices and international competition pushed the sector back into contraction, S&P Global Market Intelligence said.

PH Resorts permanently closes Donatela in Bohol

PH Resorts Group Holdings Inc. has permanently closed Donatela Resort & Sanctuary in Panglao, Bohol, as part of a broader restructuring with parent Udenna Corp. aimed at addressing legacy obligations.

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