Tag: BSP
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January’s Steady Inflation Boosts Philippine Stock Market and Peso
In Manila, the consistent inflation rate recorded in January bolstered investor confidence, leading to a positive performance in both the Philippine Stock Exchange and the local currency on Wednesday. The Philippine Stock Exchange index (PSEi) saw a significant rise of 3.15 percent, closing at 6,281.08, while the All Shares index also advanced by 2.18 percent…
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Philippines Introduces New Polymer Banknotes for Enhanced Security and Durability
President Ferdinand R. Marcos Jr. announced the launch of a new series of polymer banknotes during a ceremony at Malacañan Palace in Manila, marking a significant upgrade to the Philippine currency. The new series includes denominations of PHP1,000, PHP500, PHP100, and PHP50, set to circulate starting in the first quarter of 2025. Marcos emphasized that…
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Boy Scouts of the Philippines Halts Outdoor Activities After Fatal Electrocution Incident in Zamboanga
In response to the heartbreaking loss of three young scouts in Zamboanga City, the Boy Scouts of the Philippines (BSP) has issued a nationwide suspension of all outdoor scouting events. The decision was announced in a statement released on Thursday, which was also shared by BSP National President and Agusan del Norte 2nd District Representative…
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