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.
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...
The planned Pax Silica industrial hub in New Clark City is targeting its first 10 to 20 locators within five years of construction, with an ambitious goal of generating as much as USD200 billion in exports over a 30-year development period.
The Philippines’ gross international reserves (GIR) remained above the psychologically important USD100-billion mark in July, providing the country a sizable external cushion even as the stockpile edged lower during the month.
The University Athletic Association of the Philippines has cleared Ateneo de Manila University to compete in Season 89 despite the June 8 team-building tragedy in Dipaculao, Aurora that claimed the lives of student-athletes Rene Clert Baterbonia and Chukwuemeka Divine Adili, while imposing a lifetime ban on former Blue Eagles head coach Thomas Anthony Baldwin and suspending seven other members of the team’s coaching and support staff.