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News and Events

As Peso Falls Below Php54/$1, Here's the Likely Impact on Your Purchases From US Online Stores

Half of Filipinos' online shopping are done in e-commerce sites in the US and other countries

The Philippine peso hit a fresh low on Wednesday, September 12, closing at Php54.13 against the US dollar, the weakest it has been in almost 13 years. The last time the Philippine peso was at this level was in December 2005, according ...

by Elyssa Christine Lopez  | September 13, 2018 11:00:00
News and Events

(Infographic) Here’s How PH’s New Generation Currency Coins Look Like

The Bangko Sentral ng Pilipinas says the new coins are harder to counterfeit

The Bangko Sentral ng Pilipinas (BSP) announced on Monday, March 26, it will start releasing the new generation currency (NGC) coins with enhanced security and design features to reduce counterfeiting. The Philippine coins with the old design will remain legal tender until ...

by Elyssa Christine Lopez  | March 26, 2018 07:00:00
News and Events

Do You Get Confused by the New Php5 and Php1 Coins? You're Not Alone

Netizens report difficulties distinguishing one from the other

There have been numerous complaints from netizens confused about the new Php5 and the old Php1 coinsThe Bangko Sentral ng Pilipinas (BSP) unveiled the new design of the Php5 coins in late November last year to coincide with the birth anniversary of ...

by Entrepreneur Staff  | March 02, 2018 04:00:00
News and Events

Kick start your day, April 28: How Duterte’s lead links to PH peso's fall in April

(UPDATED) Plus, a new BPO will rise in Cebu, and what happens when a young adult’s phone is stolen or lost.

Market jitters as Duterte extends leadsPresidential candidate and Davao City Mayor Rodrigo “Rody” Duterte’s inflammatory remarks recently, particularly his rape joke, made the market jitter, resulting in the peso’s slump in April, Bloomberg reported on Wednesday, April 27.The peso dropped 1.6% in ...

by Entrepreneur Staff  | April 28, 2016 08:00:00