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The Philippines' near-term growth outlook remains subdued, but easing inflation could offer policymakers more room to support the economy as global headwinds begin to soften.

Senate President Sherwin Gatchalian opened the 20th Congress with a legislative agenda aimed squarely at the issues weighing most heavily on Filipino households, signaling that the chamber intends to focus less on politics and more on the cost of living.

The Bank of the Philippine Islands (BPI) is hosting a special two-day event titled “Discover the Magic of Saving: BPI Jumpstart” at the Glorietta Activity Center on August 1 and 2, inviting families, young dreamers, and Disney fans to experience learning about savings in a fun, engaging way. Open primarily to children aged 7 to 12 and extended to those up to 17 years old, the event serves as the official showcase for BPI’s new Jumpstart savings account, which blends practical banking features, financial education, and interactive digital elements.

COREnergy, the retail electricity arm of Vivant Energy, has sealed a two-year power supply agreement with FDC Misamis Power Corp. for 20 megawatts of baseload power to serve contestable customers.

Union Bank of the Philippines delivered a strong earnings rebound in the first half of 2026, with net income more than doubling as sustained consumer lending, rising fee income and improving asset quality underscored the bank's recovery strategy.