The Department of Finance (DOF) begins the week with a leadership change as Malacañang on Monday announced the appointment of Frederick L. Go as the agency’s new secretary. Go steps in following the resignation of Finance Secretary Ralph Recto, who has been swiftly promoted to Executive Secretary.
Cash remittances from overseas Filipinos continued to help power the economy as inflows rose to US$3.12 billion in September 2025, up 3.7 percent from US$3.01 billion in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP).
The government has confiscated more than P3.5 million worth of substandard steel products since the start of the year, tightening its crackdown on unsafe...
Agricultural losses from Typhoons Uwan and Tino have surged past ₱4.14 billion, with assessments still ongoing, according to the Department of Agriculture (DA). Uwan caused the bulk of the damage at ₱3.17 billion, battering over 34,000 farmers and nearly 26,000 hectares of farmland. High-value crops—vegetables, spices, fruits, legumes, root crops, coffee, and cacao—sustained ₱1.52 billion in losses, while rice farms accounted for ₱1.47 billion across multiple regions in Luzon and Eastern Visayas.
The Bangko Sentral ng Pilipinas (BSP) stressed the crucial role of accurate and accessible data in shaping policies that improve the lives of Filipinos.