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BSP notes moderate price pressures in August; inflation forecast as low as 3.2%

The monetary authorities project inflation, or the rate of change in prices, to moderate in August from a low of 3.2 percent to no more than 4 percent. This compares with headline inflation averaging 4.4 percent in July.

NEDA Board extends Laguindingan Airport challenge period by a month

The National Economic and Development Authority (NEDA) Board has extended by a month the submission of comparative proposals for the upgrade, expansion, and operations and maintenance of the Laguindingan International Airport.

DA starts controlled inoculation to combat ASF

The Department of Agriculture on Friday kicked off the controlled trial of a Vietnam-developed African swine fever live vaccine in Lobo, Batangas—a municipality with one of the highest cases of ASF.

Government selling triple-tranche global bonds for budget support

The government has started its second external issuance of 2024, seeking to raise at least USD500 million from a triple-tranche fixed-rate US dollar global bond with maturities of 5.5 years, 10.5 years, and 25 years, primarily for budget support.

Budget deficit narrows in July on strong revenue growth

The budget deficit of the national government narrowed in July to P28.8 billion from P47.8 billion in the same month last year, helped by a robust 11 percent increase in revenue that outpaced the 5.8 percent increase in expenditures

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Local banks work on tokenization hurdles to clear Apple Pay’s Philippine launch

The Bangko Sentral ng Pilipinas (BSP) in 2025 cleared a key regulatory path for Apple Pay by classifying it as a technology service provider rather than an operator of payment systems. Because the platform processes payment credentials through contactless technology without directly handling, settling, or holding customer funds, the central bank confirmed it does not need to register as a payment system operator. Central bank officials noted that once this regulatory distinction was established, the decision on when to roll out the service rested entirely on the readiness of local financial institutions.

iACADEMY brings together government and education leaders for student safe space campaign 

Student safety today goes far beyond school grounds, covering physical security, mental health, and responsible online behavior as one closely linked system.

ECOP urges regions to resist copying NCR wage hike

The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.

Gov’t appeals SC ruling barring mandatory vessel tracking system 

The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.

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