Digital borrowing is becoming a regular part of household money management in the Philippines, with more Filipinos turning to mobile lending apps not just for emergencies but also to cover everyday expenses and short-term cash needs, according to a new industry study.
South Asialink Finance Corp. (SAFC) has named Maricel D. Dejongoy as its new President and Chief Executive Officer, betting on an experienced insider to lead the lender's next phase of growth and deepen its financial inclusion efforts.
The Philippine Economic Zone Authority (PEZA) has registered Hann Philippines Inc. as a Tourism Ecozone Domestic Market Enterprise, clearing the way for the continued development of its multibillion-peso Hann Reserve project in New Clark City.
Manulife Philippines has appointed seasoned legal executive Edgar Tordesillas as its new general counsel, strengthening its leadership team as the insurer sharpens its governance and risk management capabilities.
The Government Service Insurance System (GSIS) has expanded its Balik Ginhawa program to provide greater financial relief for members and pensioners, in line with the directive of President Ferdinand R. Marcos Jr. to deliver more responsive government services.
As the nation marks Filipino Elderly Week (Oct 1–7), the Government Service Insurance System (GSIS) reaffirms stronger commitment to its more than 600,000 pensioners and retirees—rolling out improved benefits, fairer rules, and simpler, fully digital services to boost financial security and ease of use.
Cebuana Lhuillier is expanding its technology-enabled services with the rollout of Cash Accepting Machines (CAMS) across its nationwide branch network, giving customers another option for routine financial transactions while retaining access to in-person assistance.
AC Health is expanding its Japanese-inspired pharmacy concept with the opening of a second St. Joseph Drug Powered by SUGI (SJS) store, four months after the format debuted at One Ayala Mall in Makati City.
The British Council is expanding its English assessment network across the Philippines, adding testing locations and new products as demand grows for internationally recognized qualifications used for education, employment and migration.