Tag: Bangko Sentral ng Pilipinas

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MB approved $2 billion public sector foreign borrowing in Q4 2022

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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. 

BOP surplus in December pared the full-year 2022 shortfall to only $7.3B

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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

Banking & Insurance Context.ph Context.ph -
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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DA backs hog raisers with import restrictions and tariff reform support 

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Department of Agriculture Secretary Francisco Tiu Laurel Jr. has pledged strong support for Filipino hog raisers suffering from steep financial losses caused by cheap foreign pork and dropping farmgate prices.

Fuel prices split again: gasoline drops while diesel spikes 

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Consumers and business owners face another week of contrasting fuel prices as global supply tensions continue to ripple through local pumps. Gasoline prices are projected to decrease by up to ₱1.00 per liter, offering mild relief to private motorists, while diesel prices are expected to rise significantly by up to ₱3.00 per liter, according to estimates from Jetti Petroleum.

DigiPlus plans up to 60 new games next year, pushes local content and original franchises 

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DigiPlus Interactive Corp. aims to launch as many as 60 new games next year, expanding its lineup as competition heats up in the Philippine online gaming space. The company is also stepping up its focus on original, locally developed titles rather than relying on foreign content, setting it apart from many industry peers.

Analog TV in Mega Manila to shut down November 22

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The National Telecommunications Commission (NTC) has confirmed analog television broadcasts in Mega Manila will officially cease on November 22, 2026, marking a major milestone in the country’s shift to digital TV. Deputy Commissioner Alvin Blanco said the target date is firm, and that television networks have been preparing public service announcements and information materials to help people get ready for the change.

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