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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Chinese scientists chase blackest luxury car finish

Luxury cars have long treated black as a kind of automotive shorthand for money, power, and seriousness. Now, scientists in China are trying to make the color so black that even black may have to make room.

Philippines beauty market finds growth in science

The Philippines is emerging as one of Southeast Asia’s fastest-growing beauty and personal care markets, with consumers increasingly trading old-school whitening formulas for science-backed skincare tailored to the country’s tropical climate.

AI reshapes Philippine jobs as skills lag

Artificial intelligence is spreading rapidly across Philippine workplaces, but the country faces a widening gap between AI adoption and the skills needed to develop and harness the technology.

When the cleanup starts costing growth

Even the best intentions can backfire.

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