Banking & Insurance
Oil relief meets rate-hike jitters at T-bill auction
Treasury bill yields ended mixed on Monday as investors weighed the impact of fresh government debt supply against easing inflation concerns following a breakthrough peace agreement in the Middle East that triggered a sharp decline in global oil prices.
Landbank, NIA team up for better agri-fishery funding
Landbank of the Philippines and the National Irrigation Administration (NIA) have partnered to boost farm productivity and financial inclusion, giving farmers and fishers easier access to affordable loans and support services.
BIR collections surge in May on extended filing
The Bureau of Internal Revenue (BIR) posted stronger-than-expected revenue collections in May, buoyed by the extended tax filing season and continued taxpayer compliance despite disruptions caused by the recent energy crisis.
GSIS sets aside ₱15.1B for Mindanao quake victims
The Government Service Insurance System (GSIS) has allocated ₱15.1 billion in emergency assistance for over 608,000 members and pensioners affected by the magnitude 7.8 earthquake in Mindanao, president and general manager Wick Veloso announced.
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.
