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.
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...
The Philippine government and the Asian Institute of Technology (AIT) have launched a five-year partnership aimed at boosting agricultural innovation, training experts, and strengthening food security in the Philippines.
The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.
The Philippines is seeking to fast-track a bilateral free trade agreement with Canada, aiming to clinch a deal even as broader negotiations between Canada and the Association of Southeast Asian Nations move forward. Officials say an early deal could position the country as a strategic bridge linking North American supply chains with Southeast Asia’s expanding trade network.
International Container Terminal Services Inc. (ICTSI) on Friday said construction of the US$800-million South Luzon Container Terminal (SLCT) in Batangas is underway, with the first phase expected to be completed by 2028.