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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PHILEXPORT pushes tax amnesty expansion to small businesses

Trade & Investments 0
The Philippine Exporters Confederation Inc. (PHILEXPORT) is urging the government to extend tax relief to small businesses with annual sales of up to P20 million, saying unresolved tax liabilities are tying up funds that could otherwise support production, technology upgrades and jobs across export supply chains.

Metrobank aids Luzon businesses with EntrepRISE financial program

Corporate Bulletins 0
Metrobank has rolled out EntrepRISE, a financial wellness seminar series helping business clients across Luzon navigate economic shifts and plan for growth. Launched this year, sessions in North Luzon, Metro Manila, and South Luzon gathered nearly 100 clients from various sectors.

CCEAP, Shell Pilipinas renew Tapon to Ipon pact to boost PET recycling

Environment 0
Coca-Cola Europacific Aboitiz Philippines (CCEAP) and Shell Pilipinas Corporation have officially renewed their partnership for the Tapon to Ipon program, extending a collaboration first launched in 2023 to expand post-consumer PET bottle collection and recycling across the country.

Meralco COO Aperocho named AFEO honorary fellow for engineering excellence

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Meralco Executive Vice President and Chief Operating Officer Ronnie L. Aperocho has been conferred Honorary Fellow status by the ASEAN Federation of Engineering Organisations (AFEO), honouring his outstanding contributions to the profession and service to the engineering community across Southeast Asia.

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