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DOF says property tax reform gives LGUs flexibility on rates

Property Context.ph Context.ph -
The Department of Finance (DOF) sought to dispel concerns over the newly enacted Real Property Valuation and Assessment Reform Act (RPVARA), saying the measure does not automatically raise property taxes and instead gives local governments wide latitude to cushion any impact on taxpayers.

Pujalte named DOH chief as Herbosa resigns

Context Dispatch Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has appointed Philippine Orthopedic Center chief Dr. Jose Brittanio Pujalte Jr. as health secretary following the resignation of Dr. Teodoro "Ted" Herbosa, who stepped down for health reasons, Malacañang announced Monday. Palace Press Officer Claire Castro said Herbosa recently underwent a medical procedure and is expected to spend three to four months in rehabilitation. Herbosa had served as Department of Health chief since June 2023. Pujalte, an orthopedic surgeon and veteran public health administrator, has led the Philippine Orthopedic Center since 2014 and has more than three decades of government service. (Marjohara Tucay)

Ayala Foundation wins top disaster resilience honor, finalist spots at 2026 LCF CSR Guild Awards

Corporate Bulletins Context.ph Context.ph -
Three Ayala Foundation programs earned recognition at the 2026 CSR Guild Awards from the League of Corporate Foundations, with one initiative taking home the Outstanding CSR Project in Disaster Resilience award and two others named category finalists amid a record number of nominations this year.

Treasury bill yields mixed as core inflation clouds outlook

Banking & Insurance Context.ph Context.ph -
Treasury bill yields ended mixed at Monday's auction as easing headline inflation pulled down rates on shorter-dated securities, while persistent inflation risks and geopolitical uncertainty kept upward pressure on one-year debt.

BSP advances fin-ed drive in Bohol with BDO Foundation

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP), the Tagbilaran City government, and the BDO Foundation have formalized an expanded partnership to strengthen financial capability and resilience among Bohol residents, through a memorandum of agreement signed on July 7, 2026 at Tagbilaran City Hall.
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LRT-2 taps cashless fares with P1 ride promo 

Transport & Logistics 0
Commuters on the Light Rail Transit Line 2 (LRT-2) can now leave both cash and stored-value cards at home as the government rolls out a digital fare payment system that allows passengers to pay with contactless bank cards, mobile wallets and QR codes, marking another step toward a fully cashless public transport network.

Employers seek better PhilHealth benefits

Education, Health & Science 0
The Employers Confederation of the Philippines (ECOP) has backed Executive Secretary Ralph Recto's call for the Philippine Health Insurance Corp. (PhilHealth) to enhance benefit packages for direct contributors, saying workers and employers who consistently pay into the national health insurance system deserve better value and more meaningful protection.

Alex Eala serves up another victory beyond tennis

Sports & Entertainment 0
Fresh from her breakthrough run at Wimbledon, the 21-year-old tennis star stepped into Malacañang on Monday, where President Ferdinand R. Marcos Jr. traded Centre Court for the Palace and presented her with a Presidential Citation, recognizing a young athlete who has become one of the Philippines' brightest sporting ambassadors.

Angat Dam still below target levels despite recent Luzon rains

Environment 0
The Angat Dam’s water level remains below ideal marks even after heavy rains hit Luzon over the past week, the National Water Resources Board (NWRB) confirmed on Monday. Speaking at the Bagong Pilipinas public briefing, NWRB executive director Dr. Sevillo David Jr. noted the level rose slightly to 156.07 meters thanks to the southwest monsoon, but this is still the lowest reading recorded at the dam since 2010. He said the dam has yet to hit the 160-meter critical level, and ideally needs to reach the 180-meter minimum operating level, adding the agency is counting on more rainfall in Bulacan in the coming days to boost supplies. Angat Dam provides most of the raw water used by Metro Manila and nearby provinces, distributed by concessionaires Maynilad and Manila Water.
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