Bureau of the Treasury nudged short-term borrowing costs lower on Monday, rejecting select bids for longer tenors while favoring shorter-dated securities in a calibrated effort to temper yields.
More than one million online banking accounts were compromised in 2025 as cybercriminals shifted tactics toward stealing login credentials and reusing stolen data, according to a new report from Kaspersky. The report shows attackers are moving away from traditional banking malware on computers and instead relying on social engineering schemes and dark web marketplaces, while threats targeting mobile devices continue to rise.
The Bangko Sentral ng Pilipinas (BSP) on Thursday confirmed that the Philippines has held on to its investment-grade credit rating of “BBB+” with a stable outlook, as reaffirmed by S&P Global Ratings. The rating outlook was revised from “positive” to “stable” due to the ripple effects of the ongoing Middle East conflict on the global economy.
The Government Service Insurance System (GSIS) began releasing refunds under its Balik Ginhawa (Loan Moratorium Through Refund) program last Wednesday, with qualified members and pensioners now receiving the proceeds in their accounts.