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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Solane expands retail network with new Iloilo LPG showroom, terminal

Solane is expanding its retail footprint and strengthening its distribution network with the opening of a new Park N’ Order concept showroom and an integrated LPG terminal in Leganes, Iloilo, as the company invests in improving customer convenience and ensuring a more reliable supply of cooking gas in Western Visayas.

Visa, Mastercard launch Apple Pay in Philippines today

Visa and Mastercard have officially rolled out Apple Pay in the Philippines, giving eligible cardholders a new way to make contactless payments as digital wallets gain further traction in the country's shift toward a cash-lite economy.

President Marcos pushes ProGRESS bill to fund key programs

President Ferdinand R. Marcos Jr. is seeking the passage of the proposed ProGRESS bill within the year, with the measure expected to generate billions of pesos for priority government programs while avoiding broad-based tax increases on most Filipinos.

BOC posts record July collections amid stronger enforcement

The Bureau of Customs (BOC) collected a record P95.848 billion in July, its highest monthly revenue haul on record, as stronger customs enforcement and improved trade facilitation continued to bolster government revenues.

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