Most Filipinos lack emergency savings despite rising financial literacy
A stark divide has emerged between what Filipinos know about money and how much they have actually saved, prompting proactive workplace interventions. According to the Bangko Sentral ng Pilipinas 2025 Consumer Finance and Inclusion Survey, basic financial literacy among Filipino adults has risen to 74 percent, up from 69 percent in 2021. However, this knowledge has not yet translated into financial security, as a worrying 30 percent of Filipinos report having enough savings to weather an emergency or sudden income loss, and fewer than half are satisfied with their current financial state.
PLDT secures indigenous approval for Palawan undersea cable project
Telecom giant PLDT Inc. has officially secured the backing of the Tagbanua Indigenous Cultural Communities (ICC) for its new undersea fiber-optic project, clearing a major path to boost internet reliability across Palawan.
Ex-Finance chief Pardo urges business to invest, hire despite headwinds
Former finance secretary and Philippine Stock Exchange chairman Jose T. Pardo called on the private sector Wednesday to keep investing and hiring, even amid rising inflation, warning that economic recovery cannot wait.
Gov’t roll out ₱150-million cash aid for 30,000 Lalamove drivers
Thousands of Lalamove partner drivers in Metro Manila have started receiving ₱5,000 each in government financial aid as part of a massive, three-day distribution drive led by the Department of Social Welfare and Development (DSWD).
East Service Road upgrades pave future connectivity
Construction has officially commenced along the East Service Road near Arca South in Taguig City, signaling the start of preparatory infrastructure works designed to support major transport projects shaping southern Metro Manila.
