Tag: BSP

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Oil relief meets rate-hike jitters at T-bill auction

Banking & Insurance Context.ph Context.ph -
Treasury bill yields ended mixed on Monday as investors weighed the impact of fresh government debt supply against easing inflation concerns following a breakthrough peace agreement in the Middle East that triggered a sharp decline in global oil prices.

IMF flags legal, cyber risks in digital peso push

Top News Context.ph Context.ph -
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.

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.
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Volatile global market drives mixed fuel adjustments this week

Energy & Mining 0
Local motorists face mixed price adjustments at the pumps this week as gasoline and diesel prices move in opposite directions.

All-electric rail projects set to reshape local commutes

Transport & Logistics 0
The Department of Transportation has approved 12 major rail projects valued at over $30 billion, marking a significant shift after decades of slow progress in the country's transit sector. Undersecretary for Railways Timothy John Batan reported that seven of these major projects are currently under construction, one is finished, and six are slated to open within the next seven years. In a push for environmental sustainability, all 12 networks are designed as fully electric railway systems.

Meralco: No disconnection for pending billing complaints, ERC suspension in force until July

Energy & Mining 0
Meralco clarified that customers with pending billing disputes will not have their power cut, and do not need to pay the contested amount while their cases are being reviewed. The announcement follows recent social media concerns over billing issues. The firm also noted that the Energy Regulatory Commission’s nationwide suspension on disconnections for all unpaid bills from May to July 2026 remains in effect. Meralco urged customers to raise questions through official channels, adding that all concerns are being assessed and resolved promptly.

Globe keeps mobile lead, drives data and personalized service growth

Communications & Technology 0
Globe has maintained its top position in the Philippine mobile market, boosted by ongoing investments in network quality, customer experience and new technologies.

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