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...
Megawide Construction Corp. charged into year-end with fresh momentum as it successfully listed P3.0 billion worth of Series 7 Preferred Shares on November 19, an offer that ended 2.3 times oversubscribed.
Nvidia shares ticked up Tuesday after the world’s leading accelerated-computing powerhouse posted record third-quarter revenue of USD57.0 billion, a 22 percent jump from the previous quarter and a 62 percent surge from a year earlier, extending a scorching run fueled by relentless global demand for artificial-intelligence infrastructure.
The National Grid Corporation of the Philippines (NGCP) placed the Visayas grid under a yellow alert on Wednesday, November 19, from 3 p.m. to 8 p.m., following the unavailability of several power plants.
The Philippines posted a US$706-million balance of payments (BOP) surplus in October, signaling an improvement in external accounts and helping lift the gross international reserves (GIR) to US$110.2 billion.