Unlicensed platforms misuse registered lender’s identity
The Securities and Exchange Commission (SEC) has issued a public warning against four online lending platforms operating without the required license: Cashai, Cashay Plus: Fast Cash Loan (Early Access), Cash-X: Easy Online Loan App, and Cash A: Easy Online Loan App.
BPI bolsters cybersecurity for customers and shareholders
The Bank of the Philippine Islands (BPI) is ramping up its cybersecurity framework and advancing responsible digital banking at a time when digital services have become central to daily financial life.
Gov’t to pilot electric and hybrid ferries for cleaner, cost-effective sea travel ahead
The Maritime Industry Authority (MARINA) is set to launch a pilot test for electric and hybrid ferries across key Philippine routes, eyeing Iloilo–Bacolod for fully electric vessels and Batangas–Calapan for hybrid units. This initiative follows earlier research by the International Maritime Organization and the World Bank focused on improving the safety and energy efficiency of domestic passenger ferries.
PEZA investment approvals top P309B, nears 14-year record
The Philippine Economic Zone Authority (PEZA) has surpassed its P300-billion investment target for 2026 and is nearing its highest annual investment approvals in 14 years, with two months left in the year.
BSP delivers 50-basis-point rate hike to 5.50% to tame stubborn inflation
The Bangko Sentral ng Pilipinas elevated its benchmark interest rate by 50 basis points to 5.50 percent during its October 2026 monetary policy meeting, stepping up its fight against persistent price pressures.
