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Biometric RBA fortifies lender’s mobile banking services

Banking & Insurance Context.ph Context.ph -
UnionDigital Bank, the digital subsidiary of UnionBank of the Philippines and regulated by the Bangko Sentral ng Pilipinas (BSP), has integrated iProov’s Dynamic and Express Liveness biometric solutions to strengthen its risk-based authentication (RBA) framework.

Global rice glut to drive prices lower in coming months—IRRI

Agriculture Context.ph Context.ph -
The International Rice Research Institute (IRRI) anticipates further drops in global rice prices from the current range—equivalent to P18 to P20 per kilo, excluding tariffs. The institute points to a world market flooded with supply and aggressive pricing by major exporters as key drivers of the slide.

ADB greenlights USD400M push to reform insurance sector

Banking & Insurance Context.ph Context.ph -
The Asian Development Bank (ADB) has approved a USD400 million policy-based loan to overhaul the Philippines’ insurance sector, with the goal of improving efficiency, encouraging broader participation, and fueling stronger economic growth.

SM adds shopping spark to La Union’s surf town

Corporate Context.ph Context.ph -
SM Prime Holdings Inc. is adding to La Union’s surf and sunset charm with the opening of SM City La Union on Friday, October 17—a new lifestyle and shopping destination in the heart of one of Northern Luzon’s top tourism draws.

Government commits to ‘No Sugar Imports’ until 2026

Agriculture Context.ph Context.ph -
Agriculture Secretary Francisco Tiu-Laurel Jr., Sugar Regulatory Administration (SRA) Administrator Paul Azcona, and SRA Board Member and farmers’ representative Dave Sanson met recently to address concerns over the low price of raw sugar seen during the first sugar bidding in Negros on 9 October.
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PITX sees 1.89 million passengers for Undas travel period

Transport & Logistics 0
The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.

SEC rolls out new market making rules to boost liquidity, align with global standards

Corporate 0
The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.

Hydropower developers call for stronger government support, clear roadmap to unlock sector potential

Energy & Mining 0
Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.

Analysts see sustained long-term growth for Mynt ahead of stock market debut

Top News 0
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
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