Tag: Bangko Sentral ng Pilipinas

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

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

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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FFCCCII seeks stronger ASEAN business ties to boost trade

The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is calling for stronger cross-border business partnerships across Southeast Asia, citing opportunities to expand trade, attract investment and accelerate technology cooperation amid growing geopolitical and economic uncertainty.

Caltex promotes engine protection for Philippine scooter riders

Caltex is highlighting engine protection, oil stability and heat management as key considerations for scooter owners in the Philippines, where heavy traffic, high temperatures and frequent daily use can place added demands on motorcycle engines.

BCDA plans power, digital upgrades to attract New Clark investors

The Bases Conversion and Development Authority (BCDA) is exploring new energy and telecommunications infrastructure to strengthen New Clark City’s appeal to investors, with proposed projects targeting reliable electricity and improved digital connectivity.

Philippine housing licenses set to reach 5-year high

The Philippine housing sector could record its highest number of residential units issued licenses to sell (LTS) in five years in 2026, as stronger developer activity and expanded government housing initiatives support prospective supply , growth, according to the Department of Human Settlements and Urban Development (DHSUD).

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