Banking & Insurance
GCash, Japan’s QBC launch easier remittance option for Filipinos
GCash has partnered with Japan-based Queen Bee Capital (QBC) to make it easier for Filipinos in Japan to send money home.
State guarantee to power wider SME loans under DCFC partnership
State-owned Philippine Guarantee Corp. (Philguarantee) has partnered with Discovery Capital Finance Corp. (DCFC) to widen credit access for small and medium enterprises (SMEs) across the country.
ADB, World Bank unite to accelerate Pacific growth
The World Bank Group and the Asian Development Bank (ADB) have launched their first joint projects under an unprecedented co-financing model designed to accelerate development in the Pacific while cutting red tape for governments long burdened by lengthy, overlapping procedures.
SEC releases draft rules for sukuk issuance
The Securities and Exchange Commission (SEC) has released draft rules for sukuk issuance in the Philippines and opened them for public comment. The proposal aims to ensure Shari’ah compliance, improve transparency, and strengthen investor protection in line with global Islamic finance standards.
GSIS releasing ₱3.93B Christmas cash gift
The GSIS is distributing ₱3.93 billion in Christmas cash gifts to 411,692 pensioners beginning today. For the first time, pro-rata and Portability Law (RA 7699) pensioners are included, adding nearly 15,000 new beneficiaries.
