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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Laoag, Caticlan, Siargao airports anchor tourism push

Transport & Logistics 0
Airport expansions in Laoag, Caticlan, and Siargao are taking center stage in a government push to improve transport links to the Philippines’ tourism destinations and support rising visitor demand.

Voltai to expand battery-swapping network, eyes 1,000 stations 

Transport & Logistics 0
Mobility startup Voltai, backed by Aboitiz Power Corp. through 1882 Ventures, plans to expand its motorcycle battery-swapping network in 2027, with a target of roughly 1,000 stations over the medium term.

Meralco crews work around clock after Habagat

Energy & Mining 0
Manila Electric Co. (Meralco) crews are working around the clock to restore power in communities affected by the enhanced southwest monsoon, with about 18,000 customers still without electricity as of 8 a.m. Tuesday.

RCBC pushes embedded finance beyond traditional banking

Banking & Insurance 0
Rizal Commercial Banking Corp. is deepening its push into embedded finance, expanding its Banking-as-a-Service, application programming interface, and ecosystem banking capabilities as financial services increasingly move into the digital platforms where consumers and businesses already transact.

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