Banking & Insurance
Veem, Coins.ph push borders apart
Veem and Coins.ph are doubling down on a partnership that aims to make cross-border payments to the Philippines faster, cheaper, and easier—an increasingly critical need as global hiring and outsourcing continue to surge.
Takaful market in PH small but growing as insurers push wider use
The P9 billion-odd market for takaful, or Islamic insurance, remains small in the Philippines but is slowly gaining ground as insurers step up efforts to widen awareness and use, particularly in Mindanao.
Allianz PNB sees bright Philippine runway
Allianz PNB Life is striking an upbeat tone on the Philippine economy, betting that steady growth, sound governance and favorable demographics will continue to power the local insurance market.
Money supply expands in November, liquidity growth slows
Domestic liquidity grew by 7.6 percent year-on-year to P19.4 trillion in November, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP), reflecting continued expansion in money supply even as growth eased from the previous month.
