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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EastWest drops transfer fees as digital banking race heats

Banking & Insurance 0
EastWest Bank is joining a growing wave of Philippine lenders eliminating digital fund transfer fees, signaling how free online transactions are fast becoming a competitive necessity rather than an added customer benefit.

Gatchalian shifts focus to perks for wider EV adoption

Transport & Logistics 0
Senate President Sherwin Gatchalian is pushing a new approach to accelerate electric vehicle (EV) adoption, arguing that convenience and ease of ownership could be just as important as tax incentives in persuading more Filipinos to make the switch.

SJDM Bulacan declares PrimeWater persona non grata over water crisis

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The local government of San Jose del Monte (SJDM) City in Bulacan formally declared PrimeWater Infrastructure Corp. persona non grata under Resolution No. 2026-07-529 during its July 8, 2026 regular session.

Basic Energy budgets P1 billion second-half capital expense

Corporate 0
Basic Energy Corporation plans to spend as much as P1 billion in capital outlays for the remainder of 2026, marking a significant jump from the P100–P200 million recorded in 2025, when the firm only carried out pre-development work for its project pipeline. Chief executive officer Oscar de Venecia Jr. confirmed this during a recent event in Taguig City, noting that around P500 million has already been spent so far this year.

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