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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Pangasinan 25-MW solar project begins testing phase

A 25-megawatt solar power plant in Bugallon, Pangasinan has started its testing and commissioning phase, according to Yuchengco-led power company Petro Green Energy Corp. (PGEC).

MWSS orders ₱54.28M penalty vs Maynilad, rebates for affected customers

The Metropolitan Waterworks and Sewerage System–Regulatory Office (MWSS-RO) has imposed a ₱54.28 million penalty on Maynilad Water Services, Inc. over service issues.

DOE fast-tracks 128.9 MW of renewable energy projects now online

The Department of Energy (DOE) said five renewable energy projects with a combined capacity of 128.9 megawatts (MW) are now operational. This is part of its goal to bring 25 renewable energy and energy storage projects online within the month.

onsemi plans Philippines expansion via brownfield investment

Power semiconductor firm onsemi is looking to deepen its footprint in the Philippines, signaling fresh investment through a brownfield expansion strategy that prioritizes scaling operations in existing facilities.

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