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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Globe and Disney host movie screenings for student leaders

Student leaders from across the Philippines gathered recently for special simultaneous screenings of Toy Story 5 organized by Globe and Disney in Clark, Bonifacio Global City, Dasmariñas, and Cebu City.

Shakey’s closing more stores amid economic, political challenges

Shakey’s Pizza Asia Ventures Inc. plans to close more outlets this year, following the closure of 15 to 20 stores so far, primarily under its Peri-Peri brand. At the start of 2026, the company operated around 3,000 locations across its brands.

BSP rule boosts digital banking, trashes SMS/email OTP for high-risk transactions

Digital banking and e-wallet users now enjoy stronger protection against fraud and unauthorized access, as Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions begin rolling out advanced authentication systems ahead of a key deadline.

Emperador reduces capital spending to P2.4 billion as major projects complete

Liquor maker Emperador Inc. has lowered its capital expenditure budget for this year to P2.4 billion. This is a significant drop compared to previous years, as the company has finished most of its large-scale investment projects.

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