Tag: BSP

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GCash ditch SMS codes in major anti-fraud push

GCash will complete its transition from SMS-based one-time passwords (OTPs) to in-app authentication by June 22, marking a major cybersecurity upgrade aimed at protecting millions of users from phishing attacks and online fraud.

Transport costs cool, but core inflation firms in May

Philippine headline inflation eased to 6.8 percent in May from 7.2 percent in April, coming in below the Bangko Sentral ng Pilipinas’ (BSP) projected range of 7.1 percent to 7.9 percent as transport costs and food price increases moderated, according to data released Friday by the Philippine Statistics Authority (PSA).

Strong demand steadies T-bill yields amid inflation worries

Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.

Philippines keeps strong dollar buffer despite risks

The Philippines maintained a strong external financial buffer as gross international reserves (GIR) settled at USD104.1 billion as of end-April 2026, giving the country ample protection against global market volatility, rising import costs and external debt pressures.

T-bill yields rise as inflation pressure builds

Average rates on Treasury bills climbed at Monday’s auction as investors demanded higher returns, adjusting to expectations of further monetary tightening by the Bangko Sentral ng Pilipinas amid rising inflation pressures.

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Chubby cheeks, grand dreams, Centre Court glory

Long before Alex Eala was toppling queens on Wimbledon's manicured lawns, she was just another little Filipino girl sprinting to the tennis courts after school—ruffled socks, light-up shoes, chubby cheeks, and dreams far too big for a country where tennis barely makes the back page.

Maya cuts InstaPay transfer fees to P10 starting July 6

Maya will lower its InstaPay transfer fee to other banks and financial institutions from P15 to P10 beginning July 6, to make digital money transfers more affordable for users.

Newcomer Bitstar Telecom targets PH enterprise market with digital-first, low-cost fiber launch

Bitstar Telecom Inc., a new telecommunications firm, officially entered the Philippine market by launching its enterprise internet service on April 15, 2026.

Nation, Marcos rally behind Eala’s Wimbledon dream run

Alex Eala's dream run at Wimbledon has united Filipinos from Centre Court to Malacañang, with President Ferdinand Marcos Jr. joining the swelling chorus convinced that the country's tennis trailblazer is only beginning to tap her potential.

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