SEC lifts ban on new online lending platforms starting August 1
The Securities and Exchange Commission (SEC) will lift the moratorium on new online lending platforms on August 1, 2026, bringing an end to the restriction first imposed on November 5, 2021, after over four years. Alongside this, the SEC is implementing strict new standards safeguarding consumers and curbing unfair lending practices. The guidelines are outlined in Memorandum Circular No. 20, Series of 2026, and apply to all existing, newly registered, and prospective financing and lending companies that use mobile apps, websites, or other digital systems to extend credit to the public.
Pag-IBIG cuts housing loan rates, raises borrowing cap
The government is making homeownership more affordable after the Home Development Mutual Fund (PAG-IBIG Fund) lowered housing loan interest rates and doubled down on...
DBCC cuts medium-term growth goals, keeps long-term targets
The government has lowered its medium-term economic and fiscal targets, adopting a more cautious outlook as global uncertainty, persistent inflation, and climate risks weigh on the Philippine economy, while reaffirming its commitment to long-term growth and fiscal stability.
Banks slash interbank transfer fees; BSP backs cheaper digital payments
The Bangko Sentral ng Pilipinas (BSP) has welcomed the decision by several banks to reduce or remove fees for interbank digital transfers, making electronic fund transfers more affordable and easier to use for Filipinos.
Lenovo hits record 7th in 2026 Gartner Supply Chain ranking
Lenovo climbed to 7th place globally in the 2026 Gartner Supply Chain Top 25—its highest rank ever, up from 8th in 2025.
