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Wednesday, 17 September 2025, 8:55 am

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    Broadening price pressures compel BSP to raise rates anew by 50 basis points

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    The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) at its meeting on Thursday raised the interest rate on the its overnight reverse repurchase facility by 50 basis points to 6 percent, effective tomorrow, 17 February 2023. 

    BSP greenlights GCash Overseas beta app

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    GCash, Globe Telecom’s mobile wallet, on Thursday secured the approval of the Bangko Sentral ng Pilipinas (BSP) to use the e-wallet overseas using international...

    OFW remittances hit all-time high of $36.1B

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    The amount of US dollars sent by overseas Filipino workers (OFWs) hit an all-time high after a strong finish in December, according to the...

    Japan credit watcher affirms country’s A-grade

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    Japan Credit Rating Agency (JCR) affirmed the country’s credit standing with an ‘A-’ rating and a stable outlook amid global uncertainties and a high inflation environment.

    Diokno throws support behind Rubio; wants digitalization prioritized

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    Finance Secretary Benjamin Diokno has thrown his full support behind Customs Commissioner Bienvenido Rubio, tasking the newly installed chief of the government’s second largest...
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    Context.ph

    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Sports & Entertainment

    Alas stuns Egypt in FIVB pool game: redemption in 4 sets

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    It was a win long in the making—and for Alas Pilipinas, it felt like a cleansing rain after a dry season of close calls and unfulfilled promise. In front of an ecstatic home crowd at the Mall of Asia Arena, the Philippine men’s national volleyball team stunned World No. 21 Egypt in four searing sets—29-27, 23-25, 25-21, 25-21—in what may go down as the most memorable night in the country’s volleyball history.
    Banking & Insurance

    BSP deploys new anti-scam law to probe flood control corruption accounts

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    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.
    Transport & Communications

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

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    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.
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