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PH pre-need industry sustains financial strength in Q1 2026

Manila, June 24 -- The Philippine pre-need industry remained resilient despite the decline in income in the first quarter of the year, the Insurance Commission (IC) said Wednesday. The IC said the in... Read More


BIR opens one-time tax amnesty for micro taxpayers

Manila, June 22 -- The Bureau of Internal Revenue (BIR) issued a revenue regulation on Monday, allowing micro taxpayers to avail of a one-time abatement program to help them settle outstanding tax lia... Read More


Foreign selling pulls down PSEi, peso weakens

Manila, June 22 -- The Philippine Stock Exchange index (PSEi) ended lower on Monday amid foreign selling across sectors, while the local currency lost ground against the greenback. The PSEi shed 1.63... Read More


Oil firms to implement big-time price rollback June 23

Manila, June 22 -- The Department of Energy (DOE) announced a big-time price rollback in fuel prices beginning Tuesday. Data released by the DOE on Monday showed that for this week, gasoline prices a... Read More


PH eyes at least $1-B from 3-tranche US dollar bond offering

Manila, June 16 -- The government is aiming to raise at least USD1 billion from its triple-tranche offering of dollar-denominated bonds. In a statement on Tuesday, the Bureau of the Treasury (BTr) sa... Read More


Public warned vs. individuals posing as BSP representatives

Manila, June 16 -- The Bangko Sentral ng Pilipinas (BSP) on Tuesday warned the public against individuals who falsely claim to be BSP officers or personnel to solicit donations or obtain personal info... Read More


BIR exceeds collection target in May

Manila, June 15 -- The Bureau of Internal Revenue (BIR) exceeded its revenue collection goal in May by PHP78.22 million. In a statement Monday, the BIR said gross revenues reached PHP279.13 billion i... Read More


Remittances from overseas Filipinos up in April

Manila, June 15 -- Money sent home by overseas Filipinos continued to grow in April this year, reaching USD2.7 billion, according to Bangko Sentral ng Pilipinas (BSP) data. Preliminary data released ... Read More


PAGCOR sends 10.5K food packs to quake-hit Mindanao areas

Manila, June 15 -- The Philippine Amusement and Gaming Corporation (PAGCOR) has dispatched 10,500 food packs to areas affected by the recent earthquake in Mindanao. PAGCOR Chair and Chief Executive O... Read More


PH external debt eases in Q1 2026

Manila, June 12 -- The Philippines' outstanding external debt remained manageable, declining to USD147.35 billion in the first quarter of the year from USD147.65 billion, the Bangko Sentral ng Pilipin... Read More