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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Emirates backs Clark’s rise as global aviation gateway

Clark International Airport is strengthening its partnership with Emirates as it pushes to become a bigger international gateway for tourism, trade and investment outside Metro Manila.

PH foreign reserves stand firm at $104.7B, shielding economy from external shocks

The countey’s financial armor remains robust as the nation's gross international reserves (GIR) held steady at $104.7 billion as of the end of June 2026. This vast stockpile of foreign currency and gold plays a vital role in everyday economic life, acting as the country's ultimate financial safety net to ensure it can smoothly buy essential goods from abroad and pay off international debts.

PAL modernizing fleet with major Boeing Dreamliner order

The Philippine Airlines is set to significantly upgrade its long-haul operations after announcing the acquisition of 15 fuel-efficient Boeing 787-10 Dreamliner jets, with an option to purchase five more.

P96.7-M ice plant at Bulan fish port set to boost Bicol fisheries

The Department of Agriculture (DA) has announced the construction of a P96.7 million ice plant at the Bulan Fish Port Complex in Sorsogon, designed to lift production and incomes across the Bicol Region’s fisheries sector. Unveiled in a statement on Monday, the facility can produce 60 metric tons of ice daily and store up to 120 metric tons, aimed at keeping catch fresh, cutting post-harvest waste, and strengthening the entire fisheries value chain.

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