Tag: Bangko Sentral ng Pilipinas

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BOP surplus in December pared the full-year 2022 shortfall to only $7.3B

Top News Context.ph Context.ph -
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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DTI mandates certification for nicotine pouches

Education, Health & Science 0
The Department of Trade and Industry (DTI) has placed nicotine pouches under mandatory product certification, giving manufacturers and other industry players 12 months to meet new standards before uncertified products can no longer be sold in the Philippine market.

SMC unit redeploys capital via Meralco stake sale, shifts focus to renewables

Energy & Mining 0
San Miguel Global Power Holdings Corp. (SMGP) is unlocking value from its long-held Meralco minority stake, selling the shares to Metro Pacific Investments Corp. (MPIC) to free up capital for renewable energy projects and align resources with businesses where it holds direct operating control.

SEC halts 3 firms’ illegal investment solicitation

Corporate 0
The Securities and Exchange Commission ordered three entities to immediately stop soliciting public investments without required registration and licenses.

BDO Life approves claim same day, delivers swift relief to Benedicto family

Banking & Insurance 0
Most families expect complicated paperwork, long waits and added stress when filing an insurance claim. For the Benedicto family, the experience proved surprisingly fast and straightforward, turning a difficult moment into one of reassurance.

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