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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DSWD shifts UPLIFT payouts to GCash through December

The Department of Social Welfare and Development (DSWD) is moving succeeding UPLIFT cash assistance payouts to GCash through December 2026, giving qualified households a digital option for receiving government aid as the agency targets 7.5 million beneficiaries.

San Miguel unit plans Meralco stake sale to MPIC

San Miguel Corp. said its power generation arm plans to sell 21.4 million shares in Manila Electric Co. to Metro Pacific Investment Corp., potentially reshaping the ownership mix of the country’s largest power distributor.

Water could become a weapon against superbugs

Water treatment usually sounds reassuringly dull: filters, pipes, perhaps a little chlorine doing its invisible housekeeping. Now, engineers are proposing something rather more dramatic—turning ordinary water into a chemistry lab capable of dismantling antibiotic-resistant bacteria and, crucially, the genetic material they leave behind.

DP World expands Southeast Asia logistics network with PH opening

DP World is adding new logistics capacity across Southeast Asia as manufacturers and retailers race to make regional supply chains faster and more resilient, with facilities in the Philippines and Kuala Lumpur due to open later this year.

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