Friday, 15 August 2025, 7:27 pm

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    House debates on P5.768-trillion 2024 budget begins Tuesday; eyes approval before break

    Speaker Ferdinand Martin G. Romualdez on Sunday said the House is on track to expeditiously approve the budget submitted by President Ferdinand “Bongbong” Romualdez Marcos Jr. before Congress goes on recess later this month.

    Global debt trends up anew

    The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update of the International Monetary Fund's Global Debt Database. 

    OFW remittance rise 2.5% in July as more Filipinos seek jobs abroad

    Filipinos living and working overseas, including those working on passenger and cargo ships, sent home $3.32 billion in July, up 2.5 percent from the $3.24 billion they remitted in the same month last year, the Bangko Sentral ng Pilipinas said.

    Expanded accounting helped push foreign debt $10.2B higher in June

    The country stock of foreign debt stood $10.2 billion higher as at end-June this year to $117.9 billion, driven higher by loans contracted by...

    BOC forfeits P42M smuggled rice in Zamboanga City

    The Bureau of Customs-Port of Zamboanga (BOC-POZ) forfeited 42,180 sacks of rice worth P42 million following a raid of a warehouse in Brgy. San Jose Gusu, Zamboanga City.

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    Maya blocks online gaming access in compliance with BSP directive

    Fintech leader Maya announced it will disable access to gaming sites and apps via its Games feature starting August 16 at 8:00 PM, in compliance with a directive from the Bangko Sentral ng Pilipinas (BSP). The move reflects Maya’s firm commitment to corporate responsibility and regulatory alignment.

    Maya, PSC partner to digitize and empower Philippine sports

    Leading digital bank Maya has partnered with the Philippine Sports Commission (PSC) in a strategic initiative to modernize the country’s sports ecosystem through digital innovation and financial empowerment.

    Cebu Pacific defies seasonality with July passenger uptick

    Cebu Pacific (PSE: CEB) reported a modest increase in passenger traffic for July 2025, traditionally a low-demand period for the airline sector, highlighting the Gokongwei-led carrier’s resilience amid shifting travel patterns and seasonal headwinds.

    Cash remittances hit $3B in June, boosting policy space

    Cash remittances from overseas Filipinos rose by 3.7 percent year-on-year to US$2.99 billion in June 2025, up from US$2.88 billion in the same month last year, according to data released by the Bangko Sentral ng Pilipinas (BSP).

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