Tag: BSP

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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.

Philippines keeps strong dollar buffer despite risks

Banking & Insurance Context.ph Context.ph -
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.

T-bill yields rise as inflation pressure builds

Banking & Insurance Context.ph Context.ph -
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.
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Vivant Energy acquires developerof 200 MW Samar wind farm

Energy & Mining 0
Vivant Energy Corp. (VEC) has fully acquired Samar Philippines Renewable Corp. (SPRC) from Envision Energy Philippines Corp. through its renewable energy arm, Vivant Renewable Energy Corp. While the financial terms were not disclosed, SPRC is the developer of a 200-megawatt wind farm located across four municipalities in Northern Samar.

BOC-ICTSI coordination set to speed up trade flows

Transport & Logistics 0
Early coordination between the Bureau of Customs (BOC) and International Container Terminal Services, Inc. (ICTSI) is expected to significantly improve trade efficiency as the South Luzon Container Terminal (SLCT) moves closer to completion, signaling a more integrated approach to port development and customs operations in the Philippines.

Vietnam firms pledge P50M aid for Mindanao quake relief

Social Responsibility & Sustainability 0
Vietnamese companies VinFast, V-Green, VinEnergo, and Green GSM have committed more than P50 million in emergency assistance for communities affected by the devastating 7.8-magnitude earthquake that struck Mindanao on June 8, 2026, signaling both humanitarian support and deepening regional investment ties with the Philippines.

Philippine food brands break into Singapore premium market

Trade & Investments 0
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.

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