Foreign currency reserves stay robust at US$104 Billion in May
The country’s gross international reserves (GIR) stood at US$104 billion at the end of May 2026, remaining at a level that ensures the country has enough foreign currency to meet import requirements, pay external debt obligations, and as a safety net against global economic disruptions. This serves as a key indicator of the nation’s ability to fulfill its foreign currency commitments.
PH calls for regional support for its rail transit program
At the ASEAN RailCon 2026 held Thursday at the Asian Development Bank (ADB) headquarters, the Philippines appealed to ASEAN member states, investors, and development institutions to back its large-scale railway expansion program.
EastWest launches PERA products making retirement planning accessible to more Filipinos
East West Banking Corporation (EastWest) has introduced its EastWest PERA products to help more Filipinos prepare for long-term financial security.
BSP extends maximum repayment term for salary-based consumption loans to 7 years
The Bangko Sentral ng Pilipinas (BSP) has adjusted rules raising the maximum repayment period for salary-based general purpose consumption loans (SBGPCLs) from the standard three years — extendable only to five years in special cases — to seven years.
Security Bank forum guides businesses on energy efficiency, incentives and sustainable investments
Security Bank recently held Sustainability Talks 2026: Energy Savings and Tax Incentives for a Greener Tomorrow, a forum for commercial clients to address rising energy costs and changing regulations. The event gathered regulators, industry experts and business leaders to discuss strategies for better energy management, cost reduction and compliance with the Energy Efficiency and Conservation Act (EECA).
