Banking & Insurance
Prolonged Middle East conflict threatens Asia growth outlook
The Asian Development Bank (ADB) warned that a prolonged conflict in the Middle East could shave up to 1.3 percentage points off economic growth in developing Asia and the Pacific over 2026–2027, while pushing inflation higher by as much as 3.2 percentage points if energy disruptions persist for more than a year.
Monetary Board holds interest rate steady amid inflation risks
The country’s Monetary Board kept its key interest rate unchanged at 4.25 percent, saying it is closely watching rising inflation risks and uncertain global conditions.
GSIS launches solar loan program for government workers
The Government Service Insurance System (GSIS) began accepting applications on March 25 for its Ginhawa Solar Energy Loan (GSEL), aimed at helping government employees install solar power systems at home.
BSP wins international awards for public education campaigns
The Bangko Sentral ng Pilipinas (BSP) received two Bronze Stevie® Awards at the 2026 Asia-Pacific Stevie Awards, which recognize innovation and organizational excellence across the region. The awards will be presented on April 17, 2026, in Macao.
Filinvest Land, EastWest Bank launch easier home financing program
Filinvest Land, Inc. (FLI) has partnered with East West Banking Corporation to introduce a new financing program aimed at making homeownership more affordable and accessible.
