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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Senate descends to institutional absurdity

Opinion 0
If anyone still believed the Philippine Senate had reached rock bottom, the May 25 session suggested there was, in fact, a trapdoor beneath the floor.

British Chamber backs pork import reforms, lower tariffs

Agriculture 0
The British Chamber of Commerce of the Philippines said the government’s decision to maintain lower tariffs on pork imports and revisit the Minimum Access Volume (MAV) system could strengthen agricultural trade between the United Kingdom and the Philippines while helping stabilize domestic food prices.

Honda PH starts exporting Click125 motorcycles to Cambodia, Laos

Corporate 0
Honda Philippines Inc. (HPI), the country’s top motorcycle maker, has officially begun exporting its popular Click125 model to Cambodia and Laos. The units will be supplied to N.C.X. Co., Ltd., Honda’s authorized manufacturer, distributor, and assembler in both countries.

Philippine logistics sector eyes $21.6-B expansion

Transport & Logistics 0
The Philippines’ freight and logistics industry is poised for sustained growth through 2031, fueled by the rapid expansion of e-commerce, infrastructure investments, and rising demand for faster and more specialized delivery services, according to research firm Mordor Intelligence.

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