Day: October 28, 2025

Manila: The Bangko Sentral ng Pilipinas (BSP) strengthened its regulatory relief measures to further support banks and borrowers affected by calamities. For the agriculture sector, the BSP issued Circular No. 1221 which encourages banks to offer borrowers from the sector loan payment deferments of up to 12 months. Longer deferment periods may also be granted depending on the severity of the calamity’s impact. According to Philippines News Agency, the BSP stated that in both cases, banks’ assessment should consider their historical experience, the actual production cycle, crop rehabilitation period, and borrower-specific circumstances, among other factors. No additional charges will be

Manila: The Bangko Sentral ng Pilipinas (BSP) announced that the recent depreciation of the peso might be a reflection of market concerns regarding a potential slowdown in economic growth. This slowdown is partly attributed to controversies surrounding infrastructure spending and expectations of further monetary policy easing. According to Philippines News Agency, the BSP issued this statement after the peso reached the 59 to a dollar level during Tuesday’s trading session. The central bank emphasized its stance on allowing the exchange rate to be determined by market forces. “The Bangko Sentral ng Pilipinas allows the exchange rate to be determined by

Tokyo: Japan’s Emperor Naruhito met with U.S. President Donald Trump on Monday evening at the Imperial Palace, marking their first meeting in about six and a half years. The U.S. president arrived at the palace in the presidential state car at around 6:30 p.m. The Emperor welcomed him at the entrance with a handshake before they proceeded inside for a meeting that lasted for about 30 minutes. According to Philippines News Agency, during the talks, Trump expressed his honor at the opportunity to speak with the Emperor and voiced his intention to further deepen Japan-U.S. relations under the administration of

Basilan: The Army’s 101st Infantry Brigade (101st IBde) in Basilan clarified Tuesday that the ongoing incident in Tipo-Tipo town is rido-related violence between ‘local parties,’ not a siege as previously reported online. Brig. Gen. Fredrick Sales, commander of the 101st IBde, did not specify the exact individuals involved in the atrocities, only mentioning members of the Barangay Peacekeeping Action Team (BPAT) and Moro Islamic Liberation Front (MILF) as the warring groups. According to Philippines News Agency, the fighting broke out around 7 a.m. Tuesday in Barangay Poblacion, Tipo-Tipo, a day after tensions gripped the municipality. A joint statement released Tuesday

Central luzon: The Police Regional Office in Central Luzon (PRO-3) is set to deploy more than 12,000 law enforcement personnel and volunteers to ensure the peaceful observance of All Saints’ and All Souls’ Days, known as Undas, on November 1 and 2. This deployment is part of a nationwide security initiative named ‘Ligtas Undas 2025.’ According to Philippines News Agency, PRO-3 director Brig. Gen. Ponce Rogelio I. Pe±ones Jr. announced that approximately 3,000 police officers will be stationed at cemeteries, memorial parks, churches, transport terminals, and tourist spots from October 29 to November 5. The operation will also include over