The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has decided to increase the target reverse repurchase (RRP) rate by 25 basis points, bringing it to 4.75 percent.
San Miguel Corporation (SMC) has started a river cleanup project along the Butuanon River in Mandaue City, Cebu, as part of its Better Rivers PH program. This initiative supports the government’s Oplan Kontra Baha to address flooding issues.
Digital financial service provider Maya has become part of the THINKaMuna Pilipinas Council, joining efforts to combat financial scams and improve digital knowledge among Filipinos.
The US has become the Philippines' largest source of foreign tourists as international arrivals continued to climb toward the three-million mark, providing fresh momentum for an industry increasingly being positioned as a driver of investment and economic growth.
The Maritime Industry Authority (MARINA) has proposed a dedicated mobile app giving seafarers direct access to emergency help, real-time security alerts, and government support while sailing in high-risk areas. Backed by the EU CRIMARIO initiative, the plan was presented at the 4th IORIS High-Level Meeting in Mombasa, Kenya, where regional authorities discussed better cooperation and information sharing.
Leading renewable energy producer First Gen Corporation organized a coastal cleanup activity on May 30, 2026, at Freedom Island within the Las Piñas–Parañaque Wetland Park in Metro Manila. The initiative was held as part of the Philippines’ Month of the Ocean celebration, mandated under Presidential Proclamation No. 57, series of 1998.
The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.
Property developer Megaworld Corp. has revised down its capital expenditure and residential launch targets for 2026, citing higher material costs, inflation, and rising interest rates.