The Bangko Sentral ng Pilipinas (BSP) has set a limit of ₱500,000 per banking day for cash transactions, in a move to curb money laundering and other risks linked to heavy cash use. Under Circular No. 1218, series of 2025, issued on Sept. 18, transactions exceeding ₱500,000—or its equivalent in foreign currency—must be carried out through traceable channels such as …

Japan Credit Rating Agency (JCR) has reaffirmed the Philippines’ investment-grade rating, highlighting the country’s sustainable economic growth and the soundness of its banking system. In its latest report released Thursday, JCR pointed to robust domestic demand, low external debt, ample foreign exchange reserves, and a stable financial system as key drivers of the country’s “A-” credit rating with a “stable” …

Digital finance platform Atome and digital lender Maya Bank have entered into a ₱2.75 billion loan channeling partnership to expand Filipinos’ access to credit. In a statement last week, Maya Bank said the deal, signed on Sept. 3, aims to provide responsible, risk-managed, and transparent flexible payment options, particularly for underserved customers. “We are deeply honored to partner with Maya …

Caltex has renewed its partnership with Go Rewards for another three years and they’re kicking things off with an exclusive nationwide promo that’s bigger, better and packed with prizes! From Sept. 15 to Nov. 15, the “Choose Your Ride” exclusive promo gives Go Rewards members the chance to win P3,000 worth of Caltex fuel vouchers and one lucky Go Rewards …

ACMobility, Ayala’s mobility solutions group and a leading provider of electric vehicle (EV) charging infrastructure in the Philippines, has partnered with Shell Pilipinas Corporation to bring new charging stations to Shell service stations nationwide, marking a significant step toward ACMobility’s vision to deploy more than 2,500 charging points while strengthening the Philippine EV Spine, the country’s first nationwide EV charging …

Omoda & Jaecoo Makati is opening soon as a new 2S (Sales and Service) dealership operated by Lei Lei Auto Philippines Corporation. This was announced recently by Omoda and Jaecoo Motor Philippines Inc. as part of its rapid expansion nationwide and this new facility underscores the brands’ commitment to expanding their footprint in Metro Manila by bringing advanced, sustainable, and …

The iconic Harley-Davidson, which defined motorcycle culture with an expanding range of leading-edge, distinctive and customizable motorcycles, unveiled not one but six 2025 Harley-Davison Cruiser 117 lineup that are powered by the 117 Milwaukee-Eight™ V-Twin engine las Tuesday night at the Ayala Museum. No less than the managing director of Asia Emerging Markets & India, Harley-Davidson Mark O’Flaherty personally led …

Air fares should remain stable in October ahead of the peak Undas and Christmas holidays with government maintaining the fuel surcharge unchanged. According to the Civil Aeronautics Board (CAB), fuel surcharge remains at Level 4 for the third consecutive month in October, keeping fares stable ahead of holiday travels. At Level 4, airlines can collect a fuel surcharge of P117 …

Mactan-Cebu International Airport (MCIA) has been voted by passengers to win the 2024 Airport Service Quality (ASQ) Award for Best Airport (5 to 15 Million Passengers Per Annum category) in Asia-Pacific, according to Airports Council International (ACI) World. The annual ASQ Awards recognize airport excellence in customer experience based on direct passenger feedback. The achievement reflects travelers’ appreciation for the …

Terminal fees at the Ninoy Aquino International Airport (NAIA) increased after 20 years effective Sept. 14. The Manila International Airport Authority (MIAA) earlier enabled the terminal fee hike despite calls from several groups to delay implementation. Under the agency’s Revised Administrative Order No. 1, which allowed for the fees to increase beginning the second year of the concession deal with …