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BSP wins global award for managing foreign currency reserves

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.

PDIC auctions prime assets via e-bidding

Property Context.ph Context.ph -
The Philippine Deposit Insurance Corporation (PDIC) will conduct an electronic public bidding for prime corporate and closed-bank properties on April 22–23, offering investors a diverse portfolio of real estate assets across the country through its online bidding platform.

MWSS approves Manila Water tariff adjustment

Corporate Context.ph Context.ph -
Metropolitan Waterworks and Sewerage System (MWSS) has approved a slight tariff adjustment for Manila Water Co., following the implementation of a Foreign Currency Differential Adjustment (FCDA) under the utility’s concession agreement.

Philippines external debt dips, metrics improve

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas reported that the Philippines’ outstanding external debt edged lower in the fourth quarter of 2025, offering a modest improvement in debt manageability as global investors trimmed their exposure to Philippine securities.

URC cedes noodle JV control to Nissin

Corporate Context.ph Context.ph -
Universal Robina Corp., the listed food arm of the Gokongwei group, is giving up majority control of its cup noodles joint venture to Nissin Food Asia Co. Ltd. (NFA), the Thai subsidiary of Japan’s Nissin Foods Holdings Co. Ltd., in a move that reshapes a decades-long partnership in the instant noodle market.
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IT-BPM sector eyes $50.5B revenue, 2.14M jobs by 2028

Communications & Technology 0
The Philippine information technology-business process management (IT-BPM) industry is targeting USD50.5 billion in revenue and 2.14 million jobs by 2028, with plans to expand employment while shifting toward higher-value services.

Finance chief backs LPG, kerosene tax cuts, rejects gasoline tariff suspension

Economy 0
Finance Secretary Frederick Go has backed removing excise taxes on liquefied petroleum gas (LPG) and kerosene but rejected suspending taxes on gasoline and other fuels, citing an estimated P12 billion monthly revenue loss.

Philippines security adviser warns against substandard steel 

Construction 0
National Security Adviser Eduardo SL Oban Jr. warned Tuesday that substandard steel is a growing national security risk, threatening lives, critical infrastructure and the country’s defense supply chain.

Senate votes to revise impeachment vote threshold

Context Dispatch 0
The Senate, sitting as an impeachment court, voted 13-1 Wednesday to revise the voting threshold for convicting or acquitting Vice President Sara Duterte, counting only senators able to participate in the trial rather than all 24 members. Senator Francis Escudero, who presides over the proceedings, cast the lone dissenting vote, maintaining his earlier ruling that conviction requires 16 votes, or two-thirds of the full Senate. Six opposition senators declined to vote. Escudero said the new rule applies only to the current circumstances, with two senators detained, one on medical leave and another in hiding, and does not bind future impeachment courts. He added that fractions in calculating the two-thirds threshold would be rounded up. Defense lawyers reserved the right to challenge the ruling before the Supreme Court.
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