For the period October to December 2022, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved one public sector foreign borrowing of $2 billion, which is lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021.
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...
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has once again secured the prestigious Four Golden Arrow award, marking another milestone in its commitment to upholding high standards of corporate governance.
SMC Infrastructure is stepping up preparations to handle an expected 10 percent rise in vehicle traffic on its expressways during the upcoming Undas holidays, ensuring safer and smoother journeys for families traveling to visit loved ones.
Italpinas Development Corp. (IDC) is exploring rooftop solar power and electricity cost-saving measures through a partnership with SunShare Philippines Inc., as the property developer seeks to integrate renewable energy solutions into its projects.
As more tourists venture beyond popular Philippine destinations, Globe Prepaid is expanding its Traveler SIM benefits to keep visitors connected while making nationwide travel more convenient and affordable.