Jimmy Alapag is surely ready to answer the Gilas call. The incoming NLEX head coach assured that he is open to join the coaching staff of current Gilas Pilipinas top mentor Tim Cone if he gets the invite to be with the national team once more. Alapag, who had carved out an unforgettable career...
Following the successful technical testing of the Bangko Sentral ng Pilipinas’ (BSP) wholesale central bank digital currency (wCBDC), which demonstrated the feasibility of 24/7 interbank fund transfers, the BSP is planning to formulate a roadmap to further explore and refine the technology’s...
A decline in reserve assets and the national government’s (NG) debt servicing amid elevated borrowing costs widened the Philippines’ net external liability position to $54.9 billion in the first quarter of 2026. With the general government’s (GG) continued status as a net debtor, the...
Carl Tamayo showed the way as Gilas Pilipinas routed the Franklin Bulls, 94-66, to complete a sweep of their friendly games ahead of the third window of the 2027 FIBA World Cup Qualifiers on Tuesday, June 30. Tamayo fired 13 of his 22 points for the hot-starting Filipinos who immediately...
De La Salle head coach Ramil de Jesus sees promise in the addition of Angel Canino and Amie Provido to the Alas Pilipinas women 's volleyball training pool which will prepare for the 20th Asian Games in Japan this coming September. Along with Finals MVP Shevana Laput, the trio helped the Lady...
Consumer prices likely moderated in June on the back of lower food and fuel costs, though sticky underlying pressures are poised to keep the central bank on a hawkish path. Headline inflation may have cooled to as low as six percent last month, the Bangko Sentral ng Pilipinas (BSP) said in a...
Companies scaled back borrowing from Philippine banks’ foreign currency funds in the first quarter, pulling total loans down to $15.44 billion as high global interest rates made dollar debt increasingly expensive. According to the latest data from the Bangko Sentral ng Pilipinas (BSP),...
After years of overseas stint, Jimmy Alapag, one of the Philippine basketball 's best point guards, returned to the PBA after being appointed as the newest head coach of the NLEX Road Warriors, the team announced Monday, June 29. The 48-year-old Alapag is set to make his comeback in the league...
British banking giant HSBC expects the Bangko Sentral ng Pilipinas (BSP) to raise interest rates by another 75 basis points (bps) following its recent hikes as inflation is projected to significantly overshoot the target ceiling this year, while economic growth remains dampened. “Higher oil...
As artificial intelligence (AI) becomes more deeply embedded in financial operations, the Bangko Sentral ng Pilipinas (BSP) has urged banks and nonbanks to establish tailored governance frameworks to protect the financial system from data privacy breaches, algorithmic bias, and operational risks....
Property costs accelerated in the first quarter of 2026, signaling a broader recovery in the residential market after successive declines, although tighter lending standards continued to dampen borrowers’ appetite for property purchases. Property inflation quickened in the first quarter,...
Despite expecting the country’s current account deficit to widen from the 2025 level, the Bangko Sentral ng Pilipinas (BSP) has improved its outlook, forecasting a narrower deficit for 2026 and 2027 than in its first-quarter projections. Based on the updated June 2026 forecast released on Friday...
