More young Filipinos are turning to digital banking not only for payments and fund transfers but also as their preferred tool for building savings, signaling a broader transformation in financial habits driven by mobile technology and greater financial inclusion.
The Private Sector Advisory Council–Digital Infrastructure Sector (PSAC-Digital Infra) is backing the proposed One Canal Policy, saying shared infrastructure could accelerate fiber deployment, reduce costs, and expand high-speed internet access nationwide as the Philippines pushes deeper into the digital economy.
The Bank of the Philippine Islands (BPI) has added Fitmart Tacurong in Sultan Kudarat as its latest “May BPI Dito” Partner Store, moving forward with its goal of bringing more inclusive and convenient banking services to Filipinos.
The Philippines’ planned high-technology hub under Pax Silica in New Clark City is emerging as a major investment magnet, with the project expected to attract up to USD70 billion in investments, create as many as 190,000 direct jobs, and accelerate the country’s push into advanced manufacturing.
Manila Water has expanded its sewer and sanitation services in its East Zone concession with the finish of the North Pasig Package 2 Sta. Monica Network and Lift Station Projects.
The Networks Group of the Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has kept its ISO 9001:2015 Quality Management System certification after passing its second surveillance audit with no issues found.
The Bank of the Philippine Islands (BPI) has announced plans to introduce stablecoin settlement rails in partnership with global digital clearinghouse Meridian, aiming to modernize how funds enter the country with an initial focus on payroll support for informal economy workers such as freelancers and virtual assistants.
The Asian Development Bank will support the Local Water Utilities Administration in carrying out a P1.99 billion development project covering 11 water districts across the country.
The Philippines has bolstered its position in the US' ongoing Section 301 tariff review by adopting stricter rules that prohibit the importation of goods produced through forced labor, a move aimed at strengthening supply chain integrity while protecting domestic manufacturers from unfair competition.