Top News
Metro Manila minimum wage jumps by record P85
More than 1.1 million minimum wage earners in Metro Manila will receive a record P85 daily wage increase in two tranches starting July 19, giving workers an immediate pay boost while allowing employers more time to adjust to higher labor costs.
BSP forecasts June inflation no higher than 7% as cheaper fuel, food offset higher power costs
The Bangko Sentral ng Pilipinas expects June 2026 inflation to land between 6npercent and 7 percent, easing slightly from May’s 6.8 percent print.
BSP cuts digital transaction fees, boosts access for micro-businesses
The Bangko Sentral ng Pilipinas (BSP) has introduced new rules under Circular No. 1238, issued June 17, 2026, to make digital payments fairer, more transparent, and more affordable.
BOP deficit widens in 1Q amid higher costs and slower inflows
The country’s balance of payments (BOP) — the measure of all economic transactions between the country and the rest of the world, and essentially what remains after foreign earnings are offset against external obligations and outlays — recorded a deficit of US$5.3 billion in the first quarter of 2026.
Consumer confidence falls in Q2 2026 amid price worries; business sentiment improves in May
The Bangko Sentral ng Pilipinas (BSP) on Friday reports that consumer confidence declined substantially in the second quarter of 2026, while business sentiment improved in May, reflecting differing expectations amid global and domestic economic conditions.
