Tag: BSP

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GCash ditch SMS codes in major anti-fraud push

Communications & Technology Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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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PCCI warns NAIA cargo delays threaten electronics competitiveness

Trade & Investments 0
The Philippine Chamber of Commerce and Industry (PCCI) has sounded the alarm over worsening cargo congestion at Ninoy Aquino International Airport (NAIA), warning that prolonged delays could undermine the competitiveness of the country’s largest export industry.

Business groups back probe into Sanjia Steel

Energy & Mining 0
Leading business organizations have thrown their support behind the government's investigation of Philippine Sanjia Steel Corp., saying the case raises broader questions about regulatory oversight, industrial safety, and national security that could have implications for investor confidence and governance standards.

Vehicle sales rebound as hybrid demand surges

Transport & Logistics 0
Vehicle sales recovered strongly in May after slumping to near-pandemic levels in April, with growing demand for electrified vehicles helping lift the market despite ongoing economic and geopolitical headwinds.

Converge, CEU partner to upgrade digital infrastructure across campuses

Corporate Bulletins 0
Leading broadband provider Converge ICT Solutions Inc. has formalized a strategic partnership with Centro Escolar University (CEU) to roll out premium dedicated internet access (DIA) services across all six of its campuses.

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