Muntinlupa Mayor Ruffy Biazon confirmed that all patients were safe after a brief fire hit the city-funded Ospital ng Muntinlupa (OsMun) in Barangay Alabang on Sunday, July 19. Biazon said the fire was reported at 3:39 p.m., prompting the hospital to declare Code Red, which indicates a fire or...
The Bangko Sentral ng Pilipinas (BSP) is scrambling to reassess its inflation trajectory after Metro Manila’s unexpectedly large minimum wage hike threatened to trigger secondary price pressures. BSP Governor Eli Remolona Jr. admitted that the monetary authority was caught off guard by the scale...
The Bangko Sentral ng Pilipinas (BSP) reported a sharp decline in counterfeit currency overall last year, though the regulator is contending with a sudden spike in fake polymer banknotes. According to the Bangko Sentral ng Pilipinas’ (BSP) annual report, documented counterfeit banknotes fell 17.1...
Representatives from Region 9 emerged as champions in the Department of Social Welfare and Development’s (DSWD) Season 2 Walang Gutom Kusinero: Cook-Off Challenge 2026 National Finals held Friday, July 17, at the Quezon City M.I.C.E. Center. The national cook-off gathered 12 regional champions...
The renewed hostilities in the Middle East have altered the global economic algorithm, reversing cautious optimism and causing severe supply-driven inflation shocks that translate directly into a cost-of-living squeeze as the prices of goods rise. In the context of our daily lives, this...
Digital payments surged past the ₱16-trillion mark in the first half of the year, driven by the dramatic spike in transaction volumes as domestic banks and e-wallet providers aggressively slashed transfer fees. According to the latest data from the Bangko Sentral ng Pilipinas (BSP), total...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said around $50-billion, or ₱3-trillion, worth of Philippine government bonds are eligible for inclusion in JPMorgan Chase & Co.’s emerging-market (EM) index, a move that could attract billions of dollars in additional foreign...
Singer-songwriter Janine Berdin has spoken out against online allegations linking her to certain political groups, as well as the death threats she received as a result. She urged netizens to stop spreading misinformation and instead focus on holding public officials accountable. The issue surfaced...
Philippine thrift banks are backing a central bank proposal to impose a ₱1 billion minimum capital requirement on lenders with highly digital business models, even as the industry continues to prioritize traditional brick-and-mortar growth. Chamber of Thrift Banks (CTB) Convention Committee...
Money sent home by overseas Filipinos (OFs) fell to $2.71 billion in May, dropping to its lowest level in a year and signaling that growth may be losing steam amid renewed deployment risks stemming from the Middle East conflict. The latest Bangko Sentral ng Pilipinas (BSP) data released on...
The annual Linggo ng Musikang Pilipino (LMP) is underway this July with a series of concerts, industry forums, and community events across the country. Now in its 12th year since being institutionalized through Proclamation No. 933 signed by the late President Benigno S. Aquino III in 2014, LMP...
Philippine banks’ and e-wallets’ decision to waive or lower their interbank InstaPay and PESONet transfer fees has already boosted transaction volumes by up to 50 percent, a senior Bangko Sentral ng Pilipinas (BSP) official revealed. BSP Deputy Governor Mamerto E. Tangonan said in a One News...
