Top News
Bank lending surges while money supply growth cools slightly
The Bangko Sentral ng Pilipinas (BSP) reported a pick-up in bank lending activity alongside a slight cooling in overall money supply expansion for July, signaling continued economic momentum driven by robust borrowing.
Foreign currency reserves hold firm at $104.8 billion in August
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.
Regional monitor affirms PH economic resilience in high-level BSP talks
The Philippine economy continues to show strong stability despite global headwinds, backed by steady trade, cash remittances, and a well-capitalized banking system, according to the latest review by the ASEAN+3 Macroeconomic Research Office (AMRO).
PH pushes silver economy, youth safeguards, climate resilience
The Philippines is pushing ASEAN to turn its socio-cultural agenda into concrete economic and social action, with a focus on keeping older workers productive, protecting young people in the digital economy, and strengthening resilience against climate-related shocks.
Gov’t secures funding for ₱20 rice subsidy until 2028
The government has secured sufficient funding to sustain President Ferdinand Marcos Jr.’s P20-per-kilo rice program through the end of his term in mid-2028, with most newly allocated funds remaining available for deployment, Agriculture Secretary Francisco P. Tiu Laurel Jr. confirmed.
