Tag: Bangko Sentral ng Pilipinas

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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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PXP Energy stake gains from higher Halcon resources

Energy & Mining 0
PXP Energy Corp.’s 12.5 percent stake in Service Contract 80 (SC 80) gained a potentially more favorable resource outlook after operator Tetragon Energy Ltd. reported an increase in estimated prospective resources at the Halcon exploration prospect in the Southwest Sulu Sea.

MTerra Solar starts commercial operations for 600 MW 

Energy & Mining 0
MTerra Solar has begun commercial operations for 600 MWac of mid-merit capacity under its power supply agreement with Manila Electric Co. (Meralco), moving one of the Philippines’ biggest renewable energy projects from construction into revenue-generating service.

Primelectric explores power distribution in PEZA ecozones

Energy & Mining 0
Primelectric Holdings, Inc. (PHI) is exploring opportunities to develop and operate electricity distribution systems in economic zones nationwide, potentially expanding its utility footprint as the Philippine Economic Zone Authority (PEZA) seeks more reliable power infrastructure to attract investments.

BCDA validates families for Clark manufacturing park

Trade & Investments 0
The Bases Conversion and Development Authority (BCDA) has started validating families and residents who could be affected by the proposed Clark Advanced Manufacturing Park (CAMP) in New Clark City, laying the groundwork for safeguards and assistance as the industrial project moves forward.

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