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 US has reaffirmed its support for the Luzon Economic Corridor (LEC), signaling that economic cooperation is becoming an increasingly important pillar of the longstanding US-Philippines alliance alongside defense and security ties.
Philippine furniture and home décor makers are gaining a coveted showcase in the heart of Manhattan as the Likhang Filipino exhibition brings the country's design craftsmanship to one of the world's most influential commercial corridors.
The International Monetary Fund (IMF) has urged the Bangko Sentral ng Pilipinas (BSP) to strengthen its legal, operational, and cybersecurity foundations as it advances plans to explore a wholesale central bank digital currency (wCBDC), highlighting the growing complexity of building next-generation financial infrastructure.
The Philippines' blue swimming crab industry is facing a major threat to one of its most important export markets, prompting exporters to call for urgent government intervention before a looming US import restriction takes effect.