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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Fuel crisis or policy gap?

Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.

Filinvest Land, EastWest Bank launch easier home financing program

Filinvest Land, Inc. (FLI) has partnered with East West Banking Corporation to introduce a new financing program aimed at making homeownership more affordable and accessible.

PhilRice distributes 4.42M rice seed bags to farmers

PhilRice provided 4.42 million bags of high-yielding, climate-resilient rice seeds under the RCEF program for the 2025 wet and 2026 dry seasons, reaching over 119,000 farmers.

Malayan Insurance rolls out zero-interest installment plans

Malayan Insurance Co., Inc., a leading non-life insurer in the Philippines, has launched a zero percent interest installment payment facility aimed at making comprehensive coverage more accessible and affordable for Filipinos.

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