Air travelers will pay more for flights from August 1 to 15 after the Civil Aeronautics Board (CAB) raised the allowed passenger and cargo fuel surcharges to Level 13, up from Level 8 that was in place from July 16 to 31.
Most banks, e-wallet providers, and electronic money issuers (EMIs) have successfully aligned their operations with the Bangko Sentral ng Pilipinas (BSP) Circular No. 1238.
Foreign business groups welcomed President Ferdinand R. Marcos Jr.'s fifth State of the Nation Address, saying it reflected many of the private sector's long-standing policy recommendations, while urging the government to shift its focus from announcing reforms to delivering measurable results.