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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ACEN affiliate to buy up to 49% stake in Indian solar

ACEN Corp. has announced its affiliate, Unlimited Renewables Holdings, signed agreements to acquire as much as 49 percent of Tejorupa Renewables India Project Private Limited, through partner Diamond India Renewables One B.V. (DIRO).

DA intensifies hog repopulation for food security

The Department of Agriculture (DA) is stepping up efforts to rebuild the country’s hog population while keeping pork supplies steady and prices stable, balancing industry recovery and food security amid the ongoing threat of African Swine Fever (ASF).

NGCP cuts transmission rates for June bills, average down 9.33%

The National Grid Corporation of the Philippines (NGCP) announced on Monday lower overall transmission rates that will appear in consumers’ June 2026 electricity bills.

Mixed fuel price adjustments expected; US-Iran deal could reduce costs

The Department of Energy (DOE) projects mixed fuel price changes this week, amid progress on a US-Iran peace deal that may reopen the key Strait of Hormuz oil route.

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