Domestic interest rates, best reflected by the benchmark rate of the Bangko Sentral ng Pilipinas (BSP), are seen to mirror the reduction adopted by the US Fed, which has cut its own benchmark by 50 basis points, analysts say.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Wednesday projected a gradual easing of rice prices as soon as October as a result of the government decision reducing the tariff on imports.
Personal remittances from Filipinos living and working abroad reached USD3.43 billion in July, an increase of 3.2 percent from the USD3.32 billion total in the same month last year.
The Philippine tourism industry is poised for a stronger finish to 2026 as stabilizing fuel prices and pent-up demand encourage Filipinos to revive trips postponed earlier in the year, with cruises and emerging destinations expected to gain momentum.
Philippine financial markets are likely to remain cautious on Monday, with the PSEi expected to trade sideways as investors await the Bangko Sentral ng Pilipinas’ Aug. 27 policy decision and assess persistent inflation, currency, and growth risks.
The Orchestra of the Filipino Youth (OFY) brought together melody, creativity, and a shared vision for tomorrow in Music for a Regenerative Future, an evening that blended world-class performance with a powerful message of care for the planet and belief in the next generation.
Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.