Tag: Bangko Sentral ng Pilipinas

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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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Tanita considers Philippines for new ASEAN plant

Education, Health & Science 0
Japanese health technology firm Tanita Corp. is considering the Philippines as the site of a new export-oriented manufacturing facility, a potential investment that could generate about P2 billion in export sales and create around 500 jobs within five years of operations.

FAST powers up warehouses with solar expansion

Energy & Mining 0
FAST Logistics Group is ramping up its renewable energy investments, unveiling plans to install solar power systems across its nationwide warehouse network as it pushes to build a greener and more resilient supply chain.

Visa launches global learning platform to upskill PH payment experts

Corporate 0
Visa has launched Visa University, a global learning platform that brings together the company’s industry expertise and real‑world case studies. Customized courses are now open to banking, finance, and payments professionals in the Philippines to strengthen technical know‑how and industry education.

Peso weakness, food cost seen driving May inflation as high as 7.9% – BSP

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The Bangko Sentral ng Pilipinas forecasts inflation for May between 7.1 and 7.9 percent, driven mainly by costlier rice, vegetables, and meat, plus a weaker peso.

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