Banking & Insurance
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.
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.
