Customers using BDO Pay can now earn extra cash by inviting friends and family to join the app, as part of its ongoing “Refer a Friend” promo running until June 30, 2026.

The Bangko Sentral ng Pilipinas (BSP) on Thursday confirmed that the Philippines has held on to its investment-grade credit rating of “BBB+” with a stable outlook, as reaffirmed by S&P Global Ratings. The rating outlook was revised from “positive” to “stable” due to the ripple effects of the ongoing Middle East conflict on the global economy.

President Ferdinand R. Marcos Jr. has appointed Dita Angara-Mathay as secretary of the Department of Tourism, tapping a veteran economic diplomat to steer the sector toward a more investment-driven trajectory.

Manila Electric Company (Meralco) on Friday announced an increase of P0.5335 per kilowatt-hour (kWh) in electricity rates this April. The overall rate for a typical household is now P14.3496 per kWh, up from P13.8161 per kWh in March.

The Philippine government is finalizing a P60-billion fiscal incentive package under its proposed Electric Vehicle Incentive Strategy (EVIS), aiming to accelerate investments in next-generation automotive manufacturing.

The Commission on Audit (COA) has ordered a sweeping review of developers’ compliance with the government’s balanced housing mandate, flagging possible underpayments tied to how the Department of Human Settlements and Urban Development (DHSUD) computed obligations.

A major water infrastructure project has been completed in Barangay Silangan in Rizal province, delivering a significant boost to water supply for hundreds of residents.

Alibaba has introduced Wan2.7-Video, a new AI model designed to help creators produce complete videos with higher quality and efficiency.

The Pharmaceutical and Healthcare Association of the Philippines (PHAP) on Friday called on the government to implement urgent supply-chain measures to keep medicine prices stable and avert potential shortages as global disruptions threaten pharmaceutical logistics.