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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Hormuz access deal secures supply, not prices

Energy & Mining 0
Energy Secretary Sharon Garin said the Philippines has secured “safe and preferential access” through the Strait of Hormuz, a move aimed at reducing supply risks amid rising global tensions, but one that will not immediately lower pump prices.

Globe joins global tech giants in massive Asia cable project

Communications & Technology 0
Globe Telecom has partnered with a group of international firms to develop the Candle Cable System, a major undersea network aimed at improving internet connectivity across Southeast and East Asia.

Converge boosts internet speeds nationwide amid fuel crisis

Communications & Technology 0
Converge ICT Solutions Inc. has announced a temporary nationwide speed increase for its FiberX internet plans to help customers cope with rising fuel costs and their impact on daily expenses and mobility.

Aboitiz unit upgrades Laguindingan airport airside facilities

Communications & Technology 0
Aboitiz InfraCapital, Inc. (AIC) has completed a series of upgrades to the airside facilities of Laguindingan International Airport to improve safety, efficiency, and reliability of operations.

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