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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AEV exits GCNP board, keeps sustainability focus

After completing a three-year term on the board of the UN Global Compact Network Philippines (GCNP), Aboitiz Equity Ventures Inc. (AEV) said its formal governance role may have ended but its push for sustainability and responsible business practices is far from over.

UPLB housing breaks 45-year ground drought

After more than four decades, housing construction has returned to the campus of the University of the Philippines Los Baños (UPLB), a development that signals how universities are becoming key partners in the Philippine government’s expanding affordable housing agenda.

First Gen celebrates 50 years of EDC, launches unified brand

First Gen Corporation marked the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), highlighting its role in advancing geothermal energy in the Philippines.

Victor Lee Meng Teck leads Security Bank as president and CEO

Victor Lee Meng Teck has been appointed president and chief executive officer of Security Bank Corporation, assuming the role in January 2026. Based in the Philippines, he now leads the bank’s overall strategy, operations, and growth initiatives in one of Southeast Asia’s key financial markets.

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