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...
Mitsubishi Motors Philippines Corp. (MMPC) is strengthening ties with key government agencies as it moves to streamline vehicle imports and lay the groundwork for future investments, including the local production of hybrid electric vehicles.
Globe Telecom Inc. has received official approval from the National Telecommunications Commission (NTC) to commercially operate Starlink’s satellite-to-mobile services across the Philippines. This permit, signed by NTC Commissioner Ella Blanca Lopez, aligns with the government’s goal to advance digital transformation and close the digital divide nationwide.
Manila Electric Company (Meralco) has placed the new Osorio (Conchu) Substation into operation. This project adds 83 megavolt amperes of capacity and upgrades key equipment to improve power reliability in Trece Martires City and General Trias.
The Chamber of Thrift Banks (CTB) said Monday that the Philippine thrift banking industry achieved robust growth in 2025, marking continued stability and contribution to national economic development.