The Philippine Deposit Insurance Corporation (PDIC) will hold an electronic public bidding (e-bidding) for 73 real estate assets from closed banks on July 23 to 24, the agency announced Friday. The properties up for sale include a wide mix of lots: 20 vacant agricultural, 20 residential with improvements, 19 vacant residential, five mixed vacant residential/agricultural, four mixed residential/agricultural with improvements, …

The Bangko Sentral ng Pilipinas (BSP) reported a $298-million balance of payments (BOP) deficit in May, driven by the national government’s foreign currency withdrawals to service external debt. Despite this, the country’s gross international reserves (GIR) remained healthy, the central bank said Thursday. The BOP tracks the Philippines’ economic transactions with the rest of the world over a specific period …

Despite heightened geopolitical tensions in the Middle East, the Philippine economy remains resilient, according to BPI Securities Corporation. In a market report released Thursday, BPI Securities said stable inflation and improving domestic supply conditions are key factors helping to maintain investor confidence. “Tensions between Israel and Iran undoubtedly pose risks to the global economy,” said BPI Securities president and CEO …

Billease, one of the Philippines’ leading consumer finance providers, today announced a groundbreaking partnership with Blueshift Energy to make solar energy more accessible to Filipino households. This collaboration positions Billease as one of the first Buy Now, Pay Later (BNPL) applications in the Philippines to offer dedicated solar energy financing solutions. As electricity costs continue to surge nationwide, Filipino families …

Bloomberry Resorts Corporation, developer and operator of Solaire Resort Entertainment City, Solaire Resort North, and Solaire Online, was ranked 289th in the 2025 iteration of the Fortune Southeast Asia 500 list. Bloomberry jumped 18 places from rank 307 in the 2024 list as revenues were lifted by the contribution of Solaire Resort North. Located in the heart of Quezon City, …

Manila Water has placed water reliability at the heart of its support for the Department of Education’s (DepEd’s) OPLAN Balik-Eskwela 2025, ensuring that more than 800 public elementary and high schools across its East Zone concession area and Non-East Zone operations are benefitting from reliable and safe water supply especially as schools opened early this week. This nationwide effort underscores …

In a bid to crack down on illegal online games and bolster player protection, the Philippine Amusement and Gaming Corporation (PAGCOR) today, June 18, launched its “PAGCOR Guarantee” website where the public can check the legitimacy of online gaming providers. The initiative aims to provide a transparent and reliable reference for players and stakeholders amid the proliferation of fraudulent online …

Escherichia coli (E. coli) is a common bacterium that lives in the intestines of animals and humans, and it is often used to identify fecal contamination within the environment. E. coli can also easily develop resistance to antibiotics, making it an ideal organism for testing antimicrobial resistance—especially in certain agricultural environments where fecal material is used as manure or wastewater is reused. Traditional …

The Financial Sector Forum (FSF) has launched the 2025 “Protect Your Money” (PYM) information campaign to empower financial consumers and combat scams. The launch was held on 17 June 2025 at the Bangko Sentral ng Pilipinas (BSP) head office in Manila. The campaign, with the tagline, “I am a smart financial consumer,” will share essential financial insights across Facebook, Instagram, …

Dipolog City, Misamis Occidental – The Government Service Insurance System is strengthening its partnership with the Department of Education to help bridge learning gaps in the country’s most remote areas. This year, through the Adopt-a-School Program, the GSIS is providing assistance to 30 public schools, the highest number since the initiative began in 2014. To date, 164 schools nationwide have …