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.
Efforts to restore power and assess the impact on farming continue following the magnitude 7.8 earthquake that struck Sarangani and nearby areas on Monday, according to the Department of Energy (DOE) and Department of Agriculture (DA).
San Miguel Corp. on Tuesday confirmed that the first runway of the New Manila International Airport in Bulakan, Bulacan will be operational no later than the second quarter of 2028, even as other parts of the project face adjusted timelines.
The government is weighing a revival of incentives for internal combustion engine (ICE) vehicle manufacturers under the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, signaling a more technology-neutral approach to supporting the Philippine automotive sector.