Bangko Sentral ng Pilipinas (BSP) employees were able to properly dispose their electronic waste through the help of EcoWaste Coalition.
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Foreign investments in PHL hits record high $10B in 2017
Foreign businessmen brought in a record amount of investments into the country last year. The Bangko Sentral ng Pilipinas said foreign direct investments soared to a new all-time high at $10 billion in 2017, up by 21.4% compared to 2016 numbers. “Investors continue to view the country as a favorable investment destination on the back […]
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Philippine Economy Expands More Than 6% for Sixth Consecutive Year
by Bloomberg’s Cecilia Yap and Siegfred Alegado The Philippines retained its position as one of the world’s fastest-growing economies after expansion exceeded 6 percent for a sixth consecutive year. Gross domestic product increased 6.7 percent in 2017, the Philippine Statistics Authority said in Manila Tuesday, matching the median estimate in a Bloomberg survey of economists. […]
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New 5 peso coin features cutting edge technology in minting coins
The new Php 5 coin has adopted the latest technology in minting coins, saves on minting costs, and even prevents illegal hoarding. Circulated beginning December, the 5-piso New Generation Currency (NGC) coin features on the obverse, Gat. Andres Bonifacio. The Bangko Sentral ng Pilipinas (BSP) advance release of the 5-piso New Generation Currency (NGC) coin […]
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Philippines still a sweet spot for international investors
The Philippines remains a key investment destination in Asia. At the Euromoney Philippine Investment Forum, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said the country is still an attractive investment destination since the economic outlook remains strong with capital markets being deepened and developed, programs to improve infrastructure, and expansion of trade and […]
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Pinoy consumer confidence hits record high in Q4
The nationwide consumer outlook in the Philippines indicate a new record high, according to the Consumer Expectations Survey
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Tetangco again named World’s Best Central Banker
Bangko Sentral ng Pilipinas (BSP) governor Amando Tetangco Jr. has once again been named as one of the World’s Best Central Bankers
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Pinoy travelers can now carry P 50k cash
Travelers coming in and going out of the Philippines will now be allowed to carry up to P50k in cash, according to the Bangko Sentral ng Pilipinas
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