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.
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...
The Philippines has opened its doors wider to Chinese tourists with a new policy granting 14-day visa-free entry—but the real question is whether travelers from the world’s largest and most dynamic tourism market will actually walk through.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has directed state-owned Food Terminal Inc. (FTI) to buy large volumes of mung beans and chili peppers directly from local farmers to stabilize prices and reduce dependence on imports.
Globe Telecom has made history by becoming the first mobile network operator to launch Starlink’s Direct to Cell (DTC) satellite service in the Philippines and Southeast Asia—and the second in Asia—marking a major leap toward universal mobile connectivity in the country.
MacroAsia Corp. (MAC), through its majority-owned unit MacroAsia Airport Services Corp. (MASCORP), has begun construction of a new six-story headquarters aimed at strengthening its aviation services operations, following a formal groundbreaking ceremony held today.