The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has decided to increase the target reverse repurchase (RRP) rate by 25 basis points, bringing it to 4.75 percent.
San Miguel Corporation (SMC) has started a river cleanup project along the Butuanon River in Mandaue City, Cebu, as part of its Better Rivers PH program. This initiative supports the government’s Oplan Kontra Baha to address flooding issues.
Digital financial service provider Maya has become part of the THINKaMuna Pilipinas Council, joining efforts to combat financial scams and improve digital knowledge among Filipinos.
The US has become the Philippines' largest source of foreign tourists as international arrivals continued to climb toward the three-million mark, providing fresh momentum for an industry increasingly being positioned as a driver of investment and economic growth.
The Maritime Industry Authority (MARINA) has proposed a dedicated mobile app giving seafarers direct access to emergency help, real-time security alerts, and government support while sailing in high-risk areas. Backed by the EU CRIMARIO initiative, the plan was presented at the 4th IORIS High-Level Meeting in Mombasa, Kenya, where regional authorities discussed better cooperation and information sharing.
The country’s foreign currency reserves stood strong at $104.8 billion as of the end of August 2026, driven by higher global gold prices and earnings from foreign investments, according to preliminary data from the Bangko Sentral ng Pilipinas. Although government withdrawals to pay off foreign debt offset some gains, the overall buffer remains well above global safety standards.
Pork farmgate prices have dropped sharply as domestic hog raisers rush sales ahead of the rainy season to avoid African swine fever (ASF) losses, the Department of Agriculture (DA) reported Monday. Higher output from last year’s price surge, not imports, drives the shift—production rose 5.6npercent in Q2 while farmgate prices fell nearly 19 percent year-on-year.
The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.