2M Gov't Workers Get Midyear Bonus May 15
Nearly two million government workers, including military and uniformed personnel, will receive their midyear bonus starting May 15, with PHP73.456 billion allocated for the benefit.
Category : Banking Finance
BSP Leads National Strategy for Financial Education
The Bangko Sentral ng Pilipinas is developing the National Strategy for Financial Education to boost financial literacy and health among Filipinos, with stakeholder consultations underway.
BIR Clarifies 2025 AITR Attachments Deadline
The BIR issues RMC 39-2026 clarifying the May 15, 2026 deadline for submitting attachments to 2025 Annual Income Tax Returns, regardless of the e-filing date.
BIR surpasses April revenue goal by 3.12 percent
The BIR exceeded its April gross collection target by 3.12%, reaching P422.378 billion. Commissioner Mendoza credits intensified tax campaigns and digital reforms.
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BDO Rewards: Savings to Discounts, Cashless Perks, Travel Deals
BDO Rewards lets you turn savings into discounts on shopping, dining, and travel. Earn points, go cashless with BDO Pay, and enjoy exclusive travel sale deals.
Cebu Pacific Q1 Revenue Up 10% as Passenger Volume Rises
Cebu Pacific posts 10% revenue growth to P33.3B in Q1 2026, with passenger numbers up 8%. Net loss of P400M due to peso depreciation, but operating income surges 54%.
Pag-IBIG Home Loans Hit ₱32.92B in Q1 2026
Pag-IBIG Fund released ₱32.92 billion in home loans in Q1 2026, up 9% year-on-year, financing 20,926 homes. Socialized housing loans surged 68%, aiding lower-income members.
PH Bank Lending Up 10.7% in March 2026
Philippine bank lending expanded 10.7% year-on-year in March 2026, driven by business loans and consumer credit, supporting production and household consumption.
BSP: Aug inflation seen at 4.1-4.9%
The Bangko Sentral ng Pilipinas projects August inflation between 4.1% and 4.9%, citing faster bank lending and liquidity growth in March 2026.
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Globe Q1 Core Net Income Up 9% on GCash Growth
Globe Telecom reports 5% revenue growth in Q1 2026 to P42B, with GCash parent Mynt contributing 30% of pre-tax income. Core net income up 9% to P4.9B.
TransUnion boosts credit literacy in Philippines
TransUnion Philippines launches Credit Engage to improve credit literacy as 56% of Filipinos plan to apply for new credit, partnering with BSP for education modules.
PhilHealth Eyes Broader Animal Bite, Leptospirosis Benefits
PhilHealth seeks to expand benefits for animal bite victims and leptospirosis, covering more cases and increasing medical aid ahead of the rainy season.
BSP Reaffirms Commitment to ASEAN+3 Regional Cooperation
The Bangko Sentral ng Pilipinas joined ASEAN+3 central banks in reaffirming regional cooperation during the 29th Finance Ministers' and Central Bank Governors' Meeting in Samarkand.
BSP Warns Against Unauthorized Crypto Providers
The Bangko Sentral ng Pilipinas renews its warning against unauthorized virtual asset service providers, citing fraud, cyberattacks, and loss of funds.
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DOLE Urges Firms to Address Wage Distortion Issues
Following recent wage orders, DOLE calls on businesses to resolve wage distortion through employer-worker negotiations, with NCMB assistance available if needed.
EastWest Bank Q1 Net Income Hits P1.9B on Lending Growth
East West Banking Corp. posted a net income of P1.9 billion in Q1 2026, driven by stronger lending and core business growth despite market volatility and global uncertainty.
BDO Life Tops Gen Z Insurance; BDO Foundation Launches Fin-Ed
BDO Life ranks No. 1 in insurance consideration among Gen Z at the 2026 Synergy-YouGov Awards. BDO Foundation partners with BSP and Parañaque for financial education. Mother's Day promo offers SM Gift Pass.
PhilHealth Gets P60 Billion Back from National Treasury
PhilHealth has officially received P60 billion from the National Treasury, following President Marcos' directive. The funds will improve healthcare services and benefit packages.
Fourth gas-and-run incident in Quezon City
PNP reports another gas-and-run in Quezon City amid fuel price surge. Suspect left P1,500 unpaid. Charges of theft to be filed.
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Most PH Banks to Keep Lending Standards Steady in Q2
The BSP's Senior Bank Loan Officers' Survey shows most Philippine banks expect to maintain lending standards in Q2 2026, supporting credit growth despite global uncertainties.
4.7M Workers Benefit from Wage Orders
DOLE reports 4.7 million workers benefited from 2025-2026 wage orders, with increases from P20 to P100. Nearly 8.8 million more may benefit from wage distortion corrections.
PhilHealth Expanded Maternity Benefits Now in Effect
PhilHealth reminds the public that expanded maternity benefits are now in effect, covering higher payments for deliveries and new antenatal diagnostics.
Tax Incentives Proposed for Worker Wellness Programs
Senator Imee Marcos files bill offering tax credits to companies investing in employee health and wellness to boost productivity.
BSP: April 2026 Inflation May Hit 5.6-6.4% on Rising Costs
The Bangko Sentral ng Pilipinas projects April 2026 inflation at 5.6-6.4%, driven by higher fuel, food, and electricity prices, plus peso depreciation.
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Palace: BSP Mandated to Stabilize Peso at Record Low
Malacañang reaffirms BSP's role in stabilizing the peso as it hits record lows against the US dollar, citing external factors like a strong dollar and oil prices.
Parañaque Fisherfolk Get Financial Education from BSP, BDO Foundation
A financial education program launched in Parañaque aims to help fisherfolk manage finances better. The partnership involves BSP, BDO Foundation, and the city government.
PIDS Study: Half of Filipinos Still Unbanked Despite Digital Finance Surge
A PIDS study reveals that while digital payments and account ownership have surged in the Philippines, over half of Filipinos remain excluded from formal banking due to structural barriers.
PhilHealth Maternity Benefits Expanded
President Marcos announced expanded PhilHealth maternity benefits, raising coverage for normal deliveries to P29,000 and cesarean to P58,000-P62,000, effective April 30.
BIR Orders Tax Audit on 9 Businesses Linked to VP Sara
The BIR has authorized tax audits on nine businesses linked to Vice President Sara Duterte and her husband Atty. Manases Carpio, citing sufficient basis for investigation.
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RCBC Wins Three Awards at RBI Asia Trailblazer Awards 2026
Rizal Commercial Banking Corporation (RCBC) won three awards at the Retail Banker International Asia Trailblazer Awards 2026, highlighting its innovative products and financial inclusion efforts.
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