The Philippine government has endorsed an Asian Development Bank (ADB)-supported roadmap to overhaul how public funds are planned, spent, and monitored, marking a major step toward improving service delivery and strengthening accountability across government.
Rizal Commercial Banking Corp. (RCBC), the country’s 6th largest lender by assets, is deepening its financial inclusion push through a partnership with Tambunting Pawnshop, bringing digital banking services to more underserved communities through over 100 branches nationwide.
Digital banking and e-wallet users now enjoy stronger protection against fraud and unauthorized access, as Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions begin rolling out advanced authentication systems ahead of a key deadline.
The Government Service Insurance System (GSIS) has set aside an initial ₱69.1 million in loss reserves to support recovery efforts following the magnitude 7.8 earthquake that struck parts of Mindanao.
The Social Security System’s (SSS) Pension Booster Program is gaining momentum as a viable retirement savings option for Filipino workers, delivering steady returns despite ongoing economic volatility and shifting interest rate conditions.