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Majority of Filipino adults now have financial accounts – BSP

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.

DA files complaint over P94M ‘ghost’ road projects in Davao Occidental

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.

Foreign reserves stay strong at $104.3 billion despite April payments gap

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.

President Marcos picks Robert de Leon as budget chief

President Ferdinand Marcos Jr. has appointed Kim Robert De Leon as the new Secretary of the Department of Budget and Management, Malacañang announced Monday.

Fuel prices seen rising this week as global oil costs climb

Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

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