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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Malayan Insurance rolls out zero-interest installment plans

Malayan Insurance Co., Inc., a leading non-life insurer in the Philippines, has launched a zero percent interest installment payment facility aimed at making comprehensive coverage more accessible and affordable for Filipinos.

Foodpanda’s Pandamart now offers 24/7 grocery delivery nationwide

Delivery Hero Logistics Philippines Inc., the company behind Foodpanda Philippines, announced on Tuesday that its online grocery service Pandamart is now operating 24 hours a day, seven days a week across the country. This makes Pandamart the first online-only full grocery platform in the Philippines to offer round-the-clock service.

DA: revamps on government’s digital lending system for farmers, fisherfolk ongoing

The Department of Agriculture (DA) said the government is revamping how farm loans are delivered by rolling out a digital lending system aimed at getting financing into the hands of farmers, fisherfolk, and small rural enterprises faster.

MBC urges jobs protection as crisis looms

The formation of a government crisis management committee is “a good start,” but faster, more targeted interventions are needed as economic pressures mount, according to Ed Chua, chairman of the influential group Makati Business Club.

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