Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the peso is unlikely to weaken to ₱60 per US dollar in the near term, even as the central bank remains cautious about further interest rate cuts, which he said was a “maybe” rather than a certainty.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has delivered a bold policy pivot, ordering an immediate freeze on all new agricultural land reclassification applications as the Department of Agriculture (DA) moves to fortify the nation’s food security strategy and shield precious farmland from rapid conversion pressures.
The Bangko Sentral ng Pilipinas (BSP) highlighted innovation, inclusion, and integrity as key priorities for the financial sector during its annual reception for the banking community on Friday, saying the banking industry remains one of the bright spots in the economy.
The Philippine government has staged a strong return to the global bond markets, successfully pricing a multi-tranche U.S. dollar offering worth USD2.75 billion—its largest dollar deal in more than three years.
Food poverty in the Philippines dropped significantly in the fourth quarter of 2025, driven largely by expanded rice subsidies and higher government spending on farm infrastructure, according to the latest OCTA Research Tugon ng Masa survey.