Banking & Insurance

Manulife launches global equity income fund 

Manulife Investment Management and Trust Corp. is expanding its Philippine investment lineup with a global equity fund designed to give investors income potential while keeping a foothold in long-term growth across international markets.

Treasury bill yields slip; 91-day paper below 5%

Treasury bill yields continued to ease at Monday’s auction, with the rate on the benchmark 91-day paper slipping below 5 percent as cooling inflation strengthened expectations for a more accommodative monetary policy.

PDIC seeks reforms after P1M coverage hike

The Philippine Deposit Insurance Corp. is pushing sweeping legislative reforms to modernize the country’s deposit insurance system, including broader coverage, faster claims payment, and new powers to contain financial crises.

BSP summit advances responsible AI adoption

The AI in Financial Services Summit held at the Bangko Sentral ng Pilipinas (BSP) complex brought together financial regulators, banking leaders, and technology professionals to promote the responsible development and use of artificial intelligence.

GSIS opens emergency loans for Maymay, Habagat victims

The Government Service Insurance System (GSIS) will offer emergency loans to members and pensioners affected by Tropical Storm Maymay and enhanced Habagat rains, once affected areas are placed under a state of calamity.

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