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 is using this year's World Intellectual Property Organization (WIPO) General Assembly in Geneva to promote its globally recognized brands, geographical indication (GI) products and cultural heritage, underscoring how intellectual property can drive tourism, strengthen local enterprises and create new economic opportunities.
The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.
The House prosecution has dropped Vice President Sara Duterte's chief of staff, Zuleika Lopez, and security official Belinda Bello as witnesses in the impeachment trial. Prosecutor Lorna Kapunan said Tuesday their testimony under Article IV had become unnecessary, redundant or merely corroborative following evidence presented by two National Bureau of Investigation officials. Lopez was expected to authenticate a video of Duterte's Nov. 23, 2024 online press conference, but Kapunan said the defense had already acknowledged the event and used the same recording. Bello's testimony would have merely corroborated a detention-facility transfer order involving Lopez, Kapunan said. Senator-judges welcomed the move that helps in shortening the trial period.
The Department of Agriculture has lifted a temporary ban on imports of foot and mouth disease-susceptible animals and their products from Hungary, following approval through Department Circular No. 34 signed on July 8.