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BSP projects August inflation up to 6.5 % 

The Bangko Sentral ng Pilipinas expects headline inflation for August 2026 to settle between 5.5 and 6.5 percent, outlining a persistent trajectory above official targets despite recent monetary tightening. According to the central bank, upward pressures on consumer prices during the month are driven primarily by higher costs for rice, vegetables, fruits, and fish, which have been exacerbated by unfavorable weather conditions alongside elevated domestic fuel prices.

GCash, Taptap Send team up for easier, fee-free remittances for OFWs

GCash has partnered with Taptap Send to streamline remittance services for overseas Filipino workers (OFWs) in Bahrain, with plans to roll out across key markets including the United States, Canada, and the United Kingdom.

Japan’s Endo bids farewell to Marcos Palace, receives Order of Sikatuna for deepening PH-Japan ties

Outgoing Japanese Ambassador ENDO Kazuya paid a farewell call on President Ferdinand R. Marcos Jr. and First Lady Louise Araneta Marcos at Malacañang Palace today, marking the close of his diplomatic posting with warm exchanges and a top state honor.

Philippine trade deficit widens sharply in July

The Philippines’ trade deficit widened sharply in July as imports continued to outpace exports, with the country’s merchandise trade gap expanding by nearly 35 percent from a year earlier, according to the Philippine Statistics Authority.

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