Banks to build releasable capital buffer for crisis lending
The Bangko Sentral ng Pilipinas (BSP) has approved a new rule (Circular No. 1235) establishing the Positive Neutral Countercyclical Capital Buffer (PN-CCyB), a mechanism designed to support steady lending even during economic stress.
LRTA launches free parking at LRT-2 Legarda Station to cut costs, ease traffic
The Light Rail Transit Authority (LRTA) has introduced free parking services at LRT-2 Legarda Station starting May 25, Monday. This move comes as oil prices continue to rise, aiming to persuade private vehicle owners to shift to public transport, bringing clear economic benefits to commuters and the wider community.
President Marcos expands pork imports amid supply shortages
Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.
Majority of Filipino adults now have financial accounts – BSP
A Social Weather Stations (SWS) survey commissioned by the Bangko Sentral ng Pilipinas (BSP) shows 58 percent of Filipino adults owned formal financial accounts in the first quarter of 2026 — up from 5 percent in 2025 and 48 percent in early 2025.
Tuguegarao Airport modernization set for completion by Dec 2026
The Department of Transportation (DOTr) targets to finish the main rehabilitation of Tuguegarao Airport by December 2026, with additional upgrades scheduled for September 2027. This project follows President Ferdinand Marcos Jr.’s directive to improve regional airports nationwide, aimed at drawing more tourists, investments, and business opportunities to the province.
