DOJ charges Cebu executives over alleged investment scam
The Department of Justice (DOJ) has filed criminal charges against executives of Cebu-based Fergus Inc. for allegedly soliciting investments from the public without the required government license.
Grab rolls out measures handling holiday ride-hailing surge
Grab Philippines is rolling out partnerships and new services to handle a sharp rise in holiday demand, as heavy traffic continues to slow down ride-hailing trips.
Consumer finance giant warns of scams targeting consumers
Home Credit Philippines is warning customers about a rise in scams that target borrowers with seemingly easy ways to turn loans or credit limits into cash. Scammers are approaching people with pre-approved loan offers, offering to buy devices in cash, pay down payments, or convert credit limits into money, sometimes even accompanying victims to stores to gain trust.
Lender helps execute some of the country’s biggest transactions in 2025
East West Banking Corp. (EastWest) strengthened its presence in the local capital markets this year after helping execute three major transactions: the IPO of Maynilad Water Services in November, SM Prime Holdings’ ₱17-billion retail bond offering, and Ayala Land Inc.’s ₱15-billion Sustainability-Linked Bonds completed in October.
Philippines to push financial health as ASEAN priority in 2026
The Bangko Sentral ng Pilipinas (BSP) says financial health will be a major focus when the Philippines chairs ASEAN in 2026. BSP Governor Eli M. Remolona, Jr. announced the plan during a fireside chat at the Bank for International Settlements (BIS) in Basel, Switzerland, on 11 November 2025.
