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...
NOW Telecom Co. Inc. is contesting a P4.043-billion assessment on supervision and regulation fees from the National Telecommunications Commission, filing a formal request to review and reconcile charges dating back to 2005.
Following back-to-back price cuts in previous months, the Manila Electric Company (Meralco) on Monday announced an electricity rate increase of ₱0.3191 per kilowatt-hour (kWh) for October. The adjustment pushes the overall rate for a typical household to ₱15.0615 per kWh, up from ₱14.7424 per kWh in September.
The National Telecommunications Commission (NTC) has issued proposed guidelines governing the importation and sale of refurbished mobile devices, clarifying that the framework is not intended to do away with the existing second-hand market, but rather to safeguard consumers while maintaining access to more affordable technology.
Discarded plastic waste has found new purpose at Clarin Elementary School, where 50 brand-new classroom chairs made entirely from recycled materials were turned over to students this week.