The Philippines posted a balance of payments (BOP) surplus of $1.2 billion in March 2024, bringing the tally in the first quarter to a positive position.
“The BOP surplus in March 2024 reflected inflows arising mainly from the national government’s (NG) net foreign currency deposits with the Bangko Sentral ng Pilipinas (BSP) and net income from the BSP’s investments abroad,” the BSP said in a statement Friday.
It said the BOP...
Phoenix Petroleum Philippine Inc. expects to capitalize on the growth of the P1-trillion logistics industry by 2023 by using its retail sites as drop-off...
Transpacific Broadband Group International has teamed up with an international satellite operator to provide broadband connectivity nationwide.
The company said it signed an agreement with...
Trade Secretary Ramon Lopez and Korean Trade Minister Han-Koo Yeo on Tuesday announced the conclusion of the Philippines-Korea Free Trade Agreement that aims to...
