PH Inflation Hits 7.2% in April on Food, Oil Price Hikes
The Philippine Statistics Authority reported a 7.2% inflation rate in April 2026, the highest in three years, driven by rising food and oil prices.
Category : Business
BSP Allows Emergency Bank Cash Withdrawals in Disasters
The BSP has approved a temporary measure allowing unregistered banks to withdraw cash directly during calamities to ensure sufficient funds when normal operations are disrupted.
BIR Registration Seal Badge for Online Businesses
The BIR mandates online sellers, freelancers, and influencers to display a QR Code badge instead of full COR, protecting sensitive data and ensuring tax compliance.
April Inflation Hits 7.2%, Exceeds BSP Target
Philippine headline inflation surged to 7.2% in April from 4.1% in March, driven by higher fuel, food, and energy costs, exceeding the BSP's forecast range.
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DSWD Steps Up TNC Coordination for Driver Cash Aid
The DSWD is ramping up coordination with transport network companies for the next cash assistance rollout to drivers on May 13, 2026, implementing staggered schedules to avoid crowding.
PH Labor Participation Rises to 63.3% in March 2026
Philippine labor force participation rate increased to 63.3% in March 2026, with 51.65 million workers. Unemployment eased to 5.0%, but underemployment rose to 12.3%.
Delfin Lee Demands PAG-IBIG Return P630M Escrow
Globe Asiatique chair Delfin Lee seeks immediate return of P630 million held by PAG-IBIG Fund since 2011, citing Supreme Court rulings and recent dismissal of estafa charges.
Navy Seizes P18.8M Smuggled Tobacco in Sulu
Philippine Navy sailors foiled smuggling of P18.8 million worth of tobacco products in Sulu province within one week, intercepting two boats carrying undocumented cigarettes.
PDEA-7 Seizes PHP850,000 Shabu from HVT in Cebu
A high-value target was arrested in a buy-bust operation in Barangay Guadalupe, Cebu City, with PHP850,000 worth of shabu seized by PDEA-7 and local police.
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Ex-convict arrested for e-wallet scam in Cebu City
A 41-year-old ex-convict, who served 16 years for murder, was arrested for an e-wallet scam in Barangay Kamagayan, Cebu City. He denies the charges.
P43.18B Released for Social Protection Programs
The DBM released P43.18 billion for social protection programs, including financial aid, food assistance, pensions, and livelihood support for vulnerable Filipinos.
Filipinos Face Energy Gaps as Plate Waste Rises 69%
DOST-FNRI reports 73% of children and 80% of adults lack energy needs, while household plate waste surged 69% to 130g daily, with rice as top wasted food.
Aboitiz Foods Battles Middle East Cost Pressures
Aboitiz Foods navigates rising fuel and freight costs from Middle East tensions, tightening cost controls and investing in R&D to sustain growth in 2026.
Metro Cebu LGUs Synchronize Truck Ban Schedules
Metro Cebu LGUs agree to synchronize truck ban hours, reducing idle time and logistics costs. Business groups praise the move as a boost to supply chain efficiency.
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Peso Purchasing Power Falls to 8-Year Low
The Philippine peso's purchasing power dropped to P0.073, its lowest in eight years, as inflation surged to 7.2% in April 2026, impacting household spending.
Central Visayas inflation tops 10.8% in April 2026
Central Visayas recorded 10.8% inflation in April 2026, the highest in the Philippines for nine straight months, driven by soaring food and transport costs.
DAR distributes land titles, condones P109M to farmers
The Department of Agrarian Reform distributed Certificates of Condonation, e-titles, and farm machinery to 4,786 farmer-beneficiaries in Zamboanga Sibugay, condoning P109.3 million in unpaid amortizations.
P52M Smuggled Cigarettes Seized in Davao Oriental
Naval forces and PNP intercepted P52 million worth of undocumented cigarettes off Governor Generoso, Davao Oriental, on May 1, 2026.
New Bridges in North Cotabato Enhance Regional Connectivity
The Carmen and Lumayong parallel bridges in North Cotabato opened on May 4, 2026, improving transport links between Mindanao regions and boosting economic activity.
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EV Charging Stations Now Operational at Nepo Center
N-Charge stations at Nepo Center's eNtec 1 building and Newpoint Mall are now operational, offering free EV charging to users while they work, dine, or shop.
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.
Over 1M Domestic Workers Get Pay Hike from Wage Boards
More than one million domestic workers benefited from wage hikes of P300 to P2,000 during the 2025-2026 review cycle, DOLE reported.
First Mall-Based PhilHealth YAKAP Clinic Opens in Angeles City
The first mall-based PhilHealth YAKAP Clinic in Central Luzon launched at Newpoint Mall, offering free check-ups, screenings, lab services, and medicines.
4K Seniors in Davao Get Cash Gifts in Q1
Almost 4,000 senior citizens in Davao City received cash gifts in the first quarter of 2026 under the local government's social assistance program.
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MPIW Leaders Walk Waterlines to Boost Service Quality
MPIW management led by COO Angelo David Berba conducted field visits in Mandurriao, checking meters and leaks to improve water service through the Bantay Linya Program.
Peso Purchasing Power Hits 8-Year Low
The Philippine peso's purchasing power dropped to P0.073 in April 2026, the lowest in eight years, as inflation surged to 7.2%.
P715K Smuggled Cigarettes Seized in Negros Occidental
Police in Negros Island Region seized P715,000 worth of smuggled cigarettes and arrested a suspect in Kabankalan City on May 4, 2026.
PH Inflation Hits 7.2% in April 2026, Fastest Since 2023
Philippine inflation surged to 7.2% in April 2026, the highest since March 2023, driven by food and transport costs. Government cites Middle East conflict impact.
Cebu City Fuel Subsidy for Drivers Starts in May
Fuel assistance for public utility drivers in Cebu City begins third week of May under P35M subsidy program. Beneficiaries receive fuel, not cash.
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Cebu Capitol Lifts Four-Day Work Week
The Cebu Provincial Government has lifted the four-day work week policy, returning to a regular five-day schedule effective May 4, 2026, due to improved fuel supply.
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