Banking & Insurance
Visa and LANDBANK launch new digital government purchase card
Visa and the Land Bank of the Philippines have introduced a new government purchase card (GPC) that modernize how public institutions manage procurement and spending.
BSP tightens AML rules for casino junket operators
The Bangko Sentral ng Pilipinas (BSP) has issued new guidance requiring all institutions under its supervision to strengthen safeguards against money laundering, terrorism financing, and proliferation financing when dealing with casino junket operators.
BSP holds first regional financial stability briefings in Cebu, Davao
The Bangko Sentral ng Pilipinas (BSP) and the Financial Stability Coordination Council (FSCC) conducted their first ever regional financial stability briefings in Cebu and Davao on July 6 and 8, 2026 respectively.
InLife targets Gen Z with affordable digital insurance
Insurance provider InLife is ramping up efforts to boost insurance adoption among young Filipinos by rolling out a low-cost digital product designed to remove cost and accessibility barriers that have long discouraged first-time buyers.
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.
