Banking & Insurance

Foreign direct investment holds steady at $1.7 billion, reflecting confidence in Philippine economy

Foreign investors continue to show confidence in the Philippines, with total foreign direct investment (FDI) reaching US$1.7 billion in the first three months of 2026. Data from the Bangko Sentral ng Pilipinas (BSP) shows that both fresh equity placements and reinvested earnings remained largely unchanged compared to recent periods, signaling that overseas businesses see stable opportunities in the country.

PLDT in talks with KKR over Maya IPO plans; trade sale remains option

PLDT Inc. is negotiating with private equity firm KKR & Co. to resolve outstanding issues affecting the proposed initial public offering (IPO) of its fintech unit, Maya Innovations Holdings.

BSP releases new book on Philippine current account trends

The Bangko Sentral ng Pilipinas has launched Current Account Dynamics and the Philippine Economy: Developments and Prospects at its Manila headquarters.

PNB atrengthens ties with JCB for global payment solutions

The Philippine National Bank (PNB) has formalized a partnership with JCB International (JCBI), Japan’s sole international payment brand, to offer more innovative and globally accessible financial services. The agreement was signed in May at Okada Manila.

T-Bill yields mixed as inflation in May eases

Treasury bill yields ended mixed on Monday as investors weighed easing inflation against lingering uncertainties over the interest rate outlook, with demand remaining strong...

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