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.
Digital lender Tala Philippines has introduced a new in-app feature that gives borrowers greater visibility into their credit journey, a move aimed at reducing financial uncertainty while encouraging responsible borrowing and long-term financial planning.
A new assessment by the United States Department of Agriculture Foreign Agricultural Service (USDA-FAS) reveals that the Philippines’ ube, or purple yam, value chain holds significant growth opportunities, yet requires coordinated action to address critical structural and operational challenges.
The Philippine Economic Zone Authority (PEZA) has achieved nearly half of its P300-billion investment approval target for 2026 after first-half commitments almost doubled, signaling sustained investor confidence as global manufacturers continue shifting supply chains toward Southeast Asia.
Investor appetite for short-term government securities remained robust on Monday, allowing the Bureau of the Treasury (BTr) to fully award its Treasury bill (T-bill) and Cash Management Bill (CMB) offerings despite mixed movements in yields amid easing geopolitical tensions and moderating inflation expectations.