The Local Water Utilities Administration (LWUA) has released a cumulative total of ₱31.741 billion in loans as of April 2026, marking a significant push to expand and improve clean water access across the Philippines.
The Securities and Exchange Commission has fined Fast Coin Lending Corp. P1 million for illegal debt collection tactics and excessive interest charges.
The Department of Environment and Natural Resources (DENR) has extended its deepest condolences to the family, friends, colleagues, and the global marine science community following the passing of world-renowned marine biologist Dr. Kent E. Carpenter, whose groundbreaking work greatly advanced the protection of the Philippines’ diverse marine life.
President Ferdinand R. Marcos Jr. has signed Executive Order No. 119, updating the country’s outdated government data system and putting in place a formal data residency framework to better protect official information while drawing more investments to the digital economy. The new policy replaces Memorandum Circular No. 78, a 1964 guideline designed for paper records, with a modern system built to suit current digital tools including cloud computing and artificial intelligence.
The Philippines has secured first place among 57 countries in the Institute of International Finance’s 2026 Investor Relations and Debt Transparency Report, marking a return to the top spot after ranking second in 2025 and leading the list in 2024. This recognition highlights the country’s consistent dedication to transparency, accountability, and the timely release of critical economic and financial information.
The various banks accelerated their lending activity in August, driven by a steady demand for credit from key business sectors. Big banks expanded their loan portfolios by 11 percent year-on-year, picking up speed from the 10.4 percent growth recorded in July.