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Gov’t files record 105 expropriation cases for NSCR

The Department of Transportation (DOTr) and the Office of the Solicitor General (OSG) have filed 105 expropriation cases for the North-South Commuter Railway (NSCR)—the most ever filed for a single infrastructure project by the agency.

Growth hits post-2009 low on surging energy costs and weak infrastructure spending  

Growth measured as the gross domestic product (GDP) is seen to have slowed sharply to 1.9 percent year-on-year in the second quarter of 2026, down from 2.8 percent in the previous quarter, according to the Bank of the Philippine Islands (BPI).

Globe hits over ₱510-M energy savings in 2025

Globe Telecom saved more than ₱510 million on energy in 2025 by using efficient network gear and AI tools. It rolled out 20,800 new green tech items under its Green Network program to cut electricity use.

BSP clarifies Circular 1238: Fair pricing guideline, not zero-fee rule 

FinTech Alliance PH has welcomed clarification from the Bangko Sentral ng Pilipinas (BSP) regarding Circular No. 1238, saying the update brings much-needed regulatory certainty to the digital financial services sector and aligns with shared goals of making digital payments affordable, secure, and sustainable. Following productive talks between BSP Monetary Board members and alliance representatives, the central bank confirmed the circular sets out cost-based fair pricing guidelines and does not impose a requirement to scrap all fees. The BSP made clear that financial institutions and payment service providers are not required to remove electronic fund transfer fees entirely, nor are off-network person-to-person transfer charges limited strictly to technical switch costs. It also noted that Frequently Asked Question No. 7 should not be treated as a rigid rule allowing only switch-cost pricing.

Inflation, weak growth test BSP’s next policy move

Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.

Just in

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.

Unregistered agri warehouses not allowed after Dec. 31, 2026

The Department of Agriculture (DA) makes December 31, 2026 the final cutoff for all agricultural and fishery storage facilities to register. Any facility unlisted after this date will be considered non-compliant and face legal limits.

Skyro takes Philippine lending playbook to Malaysia

Skyro is taking its digital lending business beyond the Philippines, securing regulatory approval to offer online moneylending in Malaysia as it targets consumers with limited access to traditional credit.

ShopSM, Bench, Penshoppe lead Philippine brands in new Asian retail ranking

ShopSM, Bench and Penshoppe are the top Philippine names featured in the first-ever Brand Conviction Index: Asia’s Top 100 Retailers list.
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