Banking & Insurance
PH foreign reserves stand firm at $104.7B, shielding economy from external shocks
The countey’s financial armor remains robust as the nation's gross international reserves (GIR) held steady at $104.7 billion as of the end of June 2026. This vast stockpile of foreign currency and gold plays a vital role in everyday economic life, acting as the country's ultimate financial safety net to ensure it can smoothly buy essential goods from abroad and pay off international debts.
Treasury raises P80B as demand stays robust
The Bureau of the Treasury raised P80 billion after fully awarding Treasury bills and cash management bills at the auction on Monday, with strong investor demand allowing the government to secure fresh funding despite mixed movements in short-term interest rates.
EastWest pushes employer-led PERA adoption for better retirement security
East West Banking Corporation (EastWest) highlighted the key role of employers in improving Filipinos’ retirement readiness at the Bangko Sentral ng Pilipinas-subsidized PERA@Work forum.
Inflation squeezes budgets but fails to crush Filipino optimism
Filipinos are keeping a hopeful outlook on their financial futures despite heavy pressure from inflation and rising living costs.
SwiftPay launches fraud shield as BSP rules tighten
SwiftPay is ramping up its anti-fraud capabilities with the launch of a real-time monitoring platform aimed at helping banks and other financial institutions meet the Bangko Sentral ng Pilipinas' (BSP) tougher anti-scam requirements as digital payment fraud continues to rise.
