The Financial Stability Coordination Council (FSCC) confirmed on Monday that the Philippine banking system is stable and resilient, even as it flagged major risks that could directly affect businesses and households.
The Philippines is poised for another potentially record-breaking year in exports in 2026, buoyed by resilient global demand, expanding trade access, and continued strength in both electronics and agriculture, according to the Department of Trade and Industry (DTI).
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.
The Department of Agriculture (DA) has filed formal complaints with the Ombudsman against Department of Public Works and Highways (DPWH) officials and private contractors over eight alleged "ghost" Farm-to-Market Road (FMR) projects in Davao Occidental worth around P94 million. These projects, meant to help farmers, were reportedly paid in full but never built.
The country’s foreign currency reserves remained strong at the end of April 2026, even as the country recorded a wider gap between money flowing in and out of the economy.