Subsea7 has completed the Pipeline Replacement Project 8 (PRP-8) offshore Brunei for Brunei Shell Petroleum (BSP).PRP-8 is a turn-key project that involves engineering, procurement, installation, and ...

A long life acoustic monitoring system developed by Sonardyne International Ltd. to detect minute changes in the seafloor due to settlement has been successfully deployed in South East Asia for Brunei ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) proposed tighter regulations that banks and nonbanks must follow to ramp up consumer protection against fraud and other financial ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is seeking to veer away from the use of one-time passwords (OTPs) in favor of more secure and advanced authentication methods. “Our objective is to make it future ...

BAGUIO CITY — Monetary authorities could cut interest rates by just 50 basis points (bps) this year given lingering inflation risks, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by eventually weaning the country from its dependence on ...

MANILA, Philippines — Despite the series of rate cuts it delivered last year, the Bangko Sentral ng Pilipinas (BSP) said monetary policy remains restrictive, leaving room for more easing this year.

MANILA, Philippines — The Development Bank of the Philippines will seek an extension of regulatory relief from the Bangko Sentral ng Pilipinas (BSP) after contributing P25 billion to the ...

The Bangko Sentral ng Pilipinas (BSP) is encouraging banks to upgrade their security systems, as one-time passwords (OTPs) may eventually become obsolete for banking transaction authentication. “What ...

China claims almost the entire South China Sea, a conduit for more than $3 trillion of annual ship-borne commerce, including parts claimed by the Philippines, Vietnam, Indonesia, Malaysia and Brunei.