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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Manila Water delivers emergency water to flood-hit Pangasinan under state of calamity

Amid a State of Calamity in Pangasinan from widespread flooding, Manila Water’s Calasiao Water, North Luzon Water, and Manila Water Foundation acted fast to supply safe water to Calasiao, Malasiqui, and Sta. Barbara evacuees.

Meralco builds smarter, more resilient grid with modern power infrastructure

Manila Electric Company (Meralco), led by Chairman Manuel V. Pangilinan, is ramping up investments in advanced technologies to boost network oversight while delivering safer, more reliable, and more efficient power service to its customers.

SM Investments: Long-term focus powers strong investment case amid rapid change 

At the 24th MAP International CEO Conference, SM Investments President & CEO Frederic C. DyBuncio stressed long-term thinking beats short-term cycles amid shifts like AI and changing consumer demand. Drawing on 70 years in the Philippines, he highlighted the country’s enduring potential and fast-growing regional markets beyond Metro Manila as key opportunities. While tech aids trend analysis, he noted leadership judgment remains critical. SM’s self-sustaining retail, banking, and property units expand nationwide, generate their own growth, and deliver steady dividends—offering investors a resilient, disciplined model focused on future demand and customer focus.

BSP co-leads 3rd ASEAN+3 Task Force Meeting in Puerto Princesa

The Bangko Sentral ng Pilipinas (BSP), alongside the Philippine Department of Finance, Japan’s Ministry of Finance, and the Bank of Japan, hosted the 3rd ASEAN+3 Task Force meeting in Puerto Princesa City. Technical representatives from member authorities gathered to advance regional financial cooperation and stability, with support from the ASEAN+3 Macroeconomic Research Office (AMRO).

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