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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Mitsubishi Power signs long-term parts and services deal for 1,200 MW Batangas power plant

Energy & Mining 0
Mitsubishi Power has entered into a long-term parts and services agreement (LTPSA) with LNGPH and its subsidiary South Premiere Power Corp. (SPPC) for the 1,200 MW Ilijan combined cycle natural gas-fired power plant.

DA backs immediate shift to 5% coconut biodiesel blend

Energy & Mining 0
The Department of Agriculture (DA) has endorsed Resolution No. 03, Series of 2026, calling for the immediate implementation of the 5 percent coconut methyl ester (CME) biodiesel blend or B5. The proposal has been forwarded to the Senate and the Department of Energy (DOE).

Big fuel price rollbacks for diesel, kerosene this week – DOE

Energy & Mining 0
The Department of Energy (DOE) announced that local fuel companies will implement significant price reductions starting this week.

AirAsia Philippines begins fleet modernization, introduces Airbus A220

Transport & Logistics 0
AirAsia Philippines is gradually phasing out older aircraft as part of its fleet modernization program, the budget carrier announced Monday.

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