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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Filinvest boosts liquidity through aggressive inventory sales

Filinvest Land, Inc. strengthened its balance sheet in the first quarter of 2026 after cutting unsold residential inventory by P4.1 billion, highlighting the company’s push to improve capital efficiency amid a more selective property market.

MBC: Senate President key to restoring trust

The Makati Business Club said restoring public trust in the Senate now largely depends on the leadership of the Senate President following what it described as the “unprecedented drama and chaos” that marked the chamber’s May 11 session.

Governance noise may stall investments, business leader warns

Philippine Chamber of Commerce and Industry president Ferdinand Ferrer warned that political distractions and uncertainty could slow investment inflows into the Philippines, saying stability and adherence to the rule of law remain critical to sustaining investor confidence.

EMS Group ramps up for AI boom

Philippine electronics manufacturer EMS Group is accelerating capacity expansion as global demand for artificial intelligence (AI) infrastructure fuels a surge in orders for power supply components and circuit boards used in high-performance computing systems.

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