Tag: Bangko Sentral ng Pilipinas

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BOP surplus in December pared the full-year 2022 shortfall to only $7.3B

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

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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Meralco: No disconnection for pending billing complaints, ERC suspension in force until July

Meralco clarified that customers with pending billing disputes will not have their power cut, and do not need to pay the contested amount while their cases are being reviewed. The announcement follows recent social media concerns over billing issues. The firm also noted that the Energy Regulatory Commission’s nationwide suspension on disconnections for all unpaid bills from May to July 2026 remains in effect. Meralco urged customers to raise questions through official channels, adding that all concerns are being assessed and resolved promptly.

Globe keeps mobile lead, drives data and personalized service growth

Globe has maintained its top position in the Philippine mobile market, boosted by ongoing investments in network quality, customer experience and new technologies.

Security Bank backs Bataan solar project as sole lender, partners with global climate investors

Security Bank Corporation has served as the sole lender for the 17.4 MW Solana Solar Beta solar power facility in Hermosa, Bataan. Developed by SSBI under CN Green Roof Asia, the project will generate around 35.5 gigawatt-hours of clean electricity yearly, supplying 10 MW under a 20-year deal with Peninsula Electric Cooperative (PENELCO).

The seaside tree hiding the next skincare goldmine

Scientists have found that the humble bitaog tree—also known as Palo Maria, Tamanu Tree, Dangkalan, or Alexandrian laurel—that are common along Philippine coastlines and often overlooked, produces an oil rich in compounds prized by the skincare industry. 

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