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.
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).
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.
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.
Filipino food brands are steadily carving out space in Singapore’s highly competitive premium consumer market, as the Department of Trade and Industry (DTI) ramps up efforts to position Philippine exports beyond traditional commodity offerings and into higher-value branding and innovation-driven segments.
The Department of Environment and Natural Resources (DENR) will lead the nationwide observance of Philippine Arbor Day on June 25, aiming to plant three million trees across the country as part of efforts to boost environmental protection and sustainable development.
Student leaders from across the Philippines gathered recently for special simultaneous screenings of Toy Story 5 organized by Globe and Disney in Clark, Bonifacio Global City, Dasmariñas, and Cebu City.
Shakey’s Pizza Asia Ventures Inc. plans to close more outlets this year, following the closure of 15 to 20 stores so far, primarily under its Peri-Peri brand. At the start of 2026, the company operated around 3,000 locations across its brands.