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.
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.
Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.
Relief measures for Philippine borrowers hit by the ongoing Middle East conflict may steady credit conditions but are likely to trim banks’ profitability, according to an April 16 report by S&P Global Ratings.
As this year’s chair of the Association of Southeast Asian Nations (ASEAN), the Philippines will steer a round of financial talks, setting the tone for deeper regional cooperation to boost economic activity and expand financial inclusion across Southeast Asia.
The Department of Human Settlements and Urban Development (DHSUD) has ordered a moratorium on housing loan payments and mobilized emergency shelter assistance in areas devastated by the magnitude 7.8 earthquake that struck Mindanao, as the government intensifies relief efforts for affected families.
Electricity prices across the Wholesale Electricity Spot Market (WESM) rose by 38.5 percent in May, according to data released Wednesday by the Independent Electricity Market Operator of the Philippines (IEMOP).
Companies under the Razon Group have mobilized relief efforts in Mindanao following the devastating 7.8-magnitude earthquake that struck the region on Monday, bringing much-needed assistance to communities heavily affected by the disaster.