Banking & Insurance
SEC releases draft rules for sukuk issuance
The Securities and Exchange Commission (SEC) has released draft rules for sukuk issuance in the Philippines and opened them for public comment. The proposal aims to ensure Shari’ah compliance, improve transparency, and strengthen investor protection in line with global Islamic finance standards.
GSIS releasing ₱3.93B Christmas cash gift
The GSIS is distributing ₱3.93 billion in Christmas cash gifts to 411,692 pensioners beginning today. For the first time, pro-rata and Portability Law (RA 7699) pensioners are included, adding nearly 15,000 new beneficiaries.
Insurer pushes estate planning as wealth transfer risks rise
With property values increasing and many family-owned businesses expanding, more Filipino families are facing problems when transferring wealth to the next generation. Without proper estate planning, assets can end up frozen, tied up in legal disputes, or even sold off just to settle taxes.
BSP kicks off Christmas season, promotes financial safety
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. led the lighting of the BSP’s Christmas display at its Manila head office on 27 November 2025.
Billease waives penalties for overdue accounts in Christmas Amnesty program
Leading consumer finance app Billease has rolled out its Bagong Simula Promo (Christmas Amnesty 2025), a nationwide program that allows qualified customers to clear overdue accounts without paying any accumulated penalties.
