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Majority of Filipino adults now have financial accounts – BSP

A Social Weather Stations (SWS) survey commissioned by the Bangko Sentral ng Pilipinas (BSP) shows 58 percent of Filipino adults owned formal financial accounts in the first quarter of 2026 — up from 5 percent in 2025 and 48 percent in early 2025.

Tuguegarao Airport modernization set for completion by Dec 2026

The Department of Transportation (DOTr) targets to finish the main rehabilitation of Tuguegarao Airport by December 2026, with additional upgrades scheduled for September 2027. This project follows President Ferdinand Marcos Jr.’s directive to improve regional airports nationwide, aimed at drawing more tourists, investments, and business opportunities to the province.

SM Investments powers up renewables, cuts emissions 

SM Investments Corp. is turbocharging its clean energy push, with renewables powering 31 percent of its operations in 2025, up from 27 percent in 2024. 

May 27 is a holiday

President Ferdinand Marcos Jr. has declared May 27, Wednesday, as a national holiday this year in observance of Eid’l Adha, one of two great Islam feasts.

foodpanda Philippines distributes P62M rider incentives

foodpanda Philippines has distributed over P62 million in incentives to its Ka-panda delivery partners from March to May 2026 through nationwide add-on incentive quests aimed at boosting rider earnings and engagement.

Just in

PNB declares ₱1.10 special dividend on top of 20% regular dividend payout

The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.

Banks to build releasable capital buffer for crisis lending 

The Bangko Sentral ng Pilipinas (BSP) has approved a new rule (Circular No. 1235) establishing the Positive Neutral Countercyclical Capital Buffer (PN-CCyB), a mechanism designed to support steady lending even during economic stress.

LRTA launches free parking at LRT-2 Legarda Station to cut costs, ease traffic

The Light Rail Transit Authority (LRTA) has introduced free parking services at LRT-2 Legarda Station starting May 25, Monday. This move comes as oil prices continue to rise, aiming to persuade private vehicle owners to shift to public transport, bringing clear economic benefits to commuters and the wider community.

President Marcos expands pork imports amid supply shortages  

Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.
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