Monday, May 18, 2026
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Thony Rose Lesaca

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BPI, Robinsons Retail launch barcode cash deposit service across 1,000 stores

Bank of the Philippine Islands (BPI) teamed up with Robinsons Retail Holdings Inc. (RRHI)...

Foreign reserves hit 15-month low of $104.1 billion in April

The Philippine gross international reserves dropped to a 15-month low of $104.13 billion in...

BMI, HSBC cut 2026 growth forecast on regional tensions

BMI, a unit of Fitch Solutions, lowered its 2026 economic growth forecast for the...

Philippine banks remain resilient as assets hit P29.9 trillion

The Philippine financial system remained resilient in the second half of 2025 as the...

DEPDev backs tax cuts but warns of revenue gap

Department of Economy, Planning and Development Secretary Arsenio Balisacan said Thursday he favors reducing...

Philippines’ economic growth slows to 5-year low of 2.8%

Philippine economic growth slowed to 2.8 percent in the first quarter of 2026, marking a five-year low as declines in agriculture and industry weighed on the economy despite steady service sector gains.

Weak peso pushed government debt to P18.49 trillion in March

The Philippine government's total outstanding debt reached P18.49 trillion as of end-March 2026, up...

BIR shifting to modern property valuation

The Bureau of Internal Revenue (BIR) is preparing to shift to a market value-based...