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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Alex Eala survives Toronto thriller, keeps rolling

Seven break points may have been the difference. So, perhaps, was everything Alex Eala had learned about surviving when a tennis match refuses to behave.

Persistent price pressures, cooling economy a compelling tightrope walk for the BSP 

The Bangko Sentral ng Pilipinas (BSP) faces an intricate policy dilemma as the economy slows down sharply. Second-quarter GDP growth cooled to 2.3 percent year-on-year—down from 2.8 percent in the first quarter and well below the 5.4 percent mark recorded a year prior—placing the central bank in the difficult position of managing persistent price pressures while avoiding a deeper domestic downturn.

Jollibee Group launches first Compose Coffee in PH, plans 5-year nationwide expansion

The Jollibee Group has opened its first Philippine branch of Compose Coffee at Market! Market! in Bonifacio Global City, Taguig.

RPVARA deferment gives housing sector breathing room

The deferment of the Real Property Valuation and Assessment...

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