United States-imposed (US) reciprocal tariffs, a three-month pause of which is concluding 10 days from now, caused a decline in the confidence index of businesses in the second quarter of the year, while Filipino consumers’ confidence was deeply hurt by the insufficient income and fewer jobs...
As he marks the third year of his presidency on June 30, President Marcos is keeping his eye firmly on the future, vowing to deliver real, measurable change to the lives of ordinary Filipinos by the time he steps down in 2028. After the unfavorable result of the 2025 elections, the President had...
Construction of the Samal Island–Davao City Connector (SIDC) Bridge exceeded its target progress under the Department of Public Works and Highways’ (DPWH) infrastructure program in Mindanao. In a report to DPWH Secretary Manuel M. Bonoan, Senior Undersecretary Emil K. Sadain said the bridge...
The Office of Civil Defense (OCD) will launch an expanded version of its disaster preparedness program next week to reach more Filipinos and enhance the country’s preparedness. “Panatag Pilipinas 2.0” will kick off in Makati City on Tuesday, July 1, coinciding with this year’s observance...
Prices for housing units in the Philippines rose at a much slower pace in the first three months of the year, although costs in Metro Manila posted a double-digit surge. Data from the Bangko Sentral ng Pilipinas (BSP) showed on Friday, June 27, that the nationwide Residential Property Price Index...
Exactly 34 days from now, a change in the stewardship of the Bangko Sentral ng Pilipinas ' (BSP) Financial Supervision Sector (FSS) is upon us, as its current head reaches the mandatory retirement age. It feels like just yesterday she walked into the corridors of what was then known as the...
Downward inflation across the region would allow Asian central banks, including the Bangko Sentral ng Pilipinas (BSP), to cut interest rates further until year-end, according to the think tank Oxford Economics. “Inflation in Asia is approaching or has already fallen below the lower bound of...
Philippine economic growth would likely further slow in the next two years to remain below the government’s more ambitious annual targets amid a global deceleration fueled by trade and geopolitical tensions, according to the Washington-based Institute of International Finance (IIF). A June 25...
The Bangko Sentral ng Pilipinas (BSP) is calling for targeted anti-counterfeiting campaigns in shopping malls, supermarkets, and wet markets after these locations emerged as the main sources of fake banknotes and coins recovered last year. Data from the 2024 BSP annual report published in June...
Ricardo Cadavero, also known as Cardong Trumpo, was declared the Grand Winner of ABS-CBN 's talent reality show “Pilipinas Got Talent” Season 7 after outperforming seven other remarkable acts in the grand finals held at The Theater, Solaire Resort in Paranaque City. Cardong Trumpo...
The Economist Intelligence Unit (EIU) still expects jumbo interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) for the rest of 2025 as monetary authorities are seen prolonging the easing cycle. “We expect the BSP to continue cutting rates at each of its remaining meetings this year in...
A bill supported by United States (US) President Donald Trump, currently pending approval in the US Senate, would likely only minimally reduce remittances to the Philippines as more Filipinos who used to work overseas have returned home, according to Deutsche Bank Research. In a June 20 report,...
