Tag: Bangko Sentral ng Pilipinas

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MB approved $2 billion public sector foreign borrowing in Q4 2022

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For the period October to December 2022, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved one public sector foreign borrowing of $2 billion, which is lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021. 

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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BIR eyes broader tax relief for small businesses

Economy 0
The Bureau of Internal Revenue (BIR) is considering expanding its tax abatement program to businesses with annual gross sales of P3 million to below P20 million, following P266.79 million in relief granted to micro taxpayers in the program’s first four months.

SEC wraps up key deliverables for Philippines’ 2026 ASEAN chairmanship

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The Securities and Exchange Commission (SEC) announced Wednesday it has finished its priority economic deliverables for sustainable and resilient ASEAN capital markets under the country’s 2026 ASEAN chairmanship.

Partnership boosts fraud protection and compliance for Filipino seafarers’ digital payments

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Global compliance technology firm Sumsub has partnered with Philippine seafarer‑focused digital payments platform MarCoPay to boost customer onboarding, continuous compliance checks and real‑time transaction monitoring under the Anti‑Financial Account Scamming Act (AFASA).

PCCI honors two Filipino innovations at 2026 Alfredo M. Yao Innovation Awards

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Two home‑grown Filipino breakthroughs focused on healthcare access and sustainable sanitation have been recognized at this year’s Alfredo M. Yao (AMY) Innovation Awards, held at the Manila Hotel during the 52nd Philippine Business Conference and Expo. Organized by the Philippine Chamber of Commerce and Industry, the annual awards highlight socially relevant inventions from student and professional innovators that can drive national economic development.

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