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.
Maternal and infant mortality remain key public health issues in the Philippines. According to data, the national maternal mortality rate stands at 84 per 100,000 live births, while Lipa City recorded the highest number of maternal and fetal deaths in the province in 2022.
The country's cement makers are backing a tougher regulatory line on substandard products, arguing that stronger enforcement is about more than protecting the market—it's about protecting the buildings and infrastructure that rely on every bag of cement.
Philippine Blockchain Week 2026 opened on June 19 at SMX Convention Center with the "Future of Trust: A Leaders Forum on Technology and Governance". The event gathered senior officials from government agencies, regulatory bodies, financial institutions, telecommunications firms, cybersecurity experts and technology organizations to discuss how technology can strengthen public trust and become national infrastructure.