Banking & Insurance
Treasury bill yields rise as inflation stokes caution
Treasury bill yields climbed across the board at Monday’s auction as investors appeared to demand higher returns amid surging inflation and uncertainty over the next move by the Bangko Sentral ng Pilipinas.
PhilHealth-Maxicare partnership aims to cut patient costs, expand healthcare access
The Philippine Health Insurance Corporation (PhilHealth) and Maxicare Group have partnered to expand access to healthcare services, improve coordination between public and private providers, and reduce out-of-pocket expenses for Filipinos.
BSP backs ASEAN anti-scam program
The Bangko Sentral ng Pilipinas (BSP) has thrown its full support behind the Scam Ready ASEAN Program, a regional initiative designed to boost protection against online fraud, as the Philippine leg of the program kicked off at the central bank’s head office today.
ADB offers $500M emergency funding as El Niño risks loom
The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.
P15-B World Bank loan to boost water access
The Philippines has secured nearly P15 billion in World Bank financing to expand clean water and sanitation services in underserved communities, as growing climate risks heighten concerns over water security.
