The Bangko Sentral ng Pilipinas (BSP) and Insurance Commission (IC) said that combining parametric insurance with loans can expand financing to climate-vulnerable sectors like agriculture, fisheries, and micro, small, and medium enterprises (MSMEs), while strengthening the financial system’s ability to manage risks.
The Philippines is producing fewer babies, hosting fewer weddings, and recording fewer deaths, a demographic trifecta that economists say could gradually reshape consumer spending, labor markets, and long-term economic growth.
A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.
Filipina tennis wunderkind Alexandra Eala just scored another ace—landing a coveted spot on Forbes’ 2026 “30 Under 30 Asia” list. At 20, she’s proving that tennis isn’t just about rackets and serves—it’s about breaking records and turning heads worldwide.
US food manufacturers are moving to capture a bigger slice of the Philippines’ fast-growing convenience meals market, as demand for easy-to-prepare food products accelerates alongside changing consumer lifestyles.
BYD Cars Philippines has already outsold its entire 2025 volume after just eight months of 2026, with sales nearly doubling year on year as demand for plug-in hybrids and fully electric vehicles continues to expand.
Manulife Philippines has appointed Ganesh Murugesan as chief information officer, putting a technology executive with nearly 25 years of insurance experience at the helm of its information technology function.
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