Banking & Insurance
SSS, Manulife expand insurance corve to more pensioners
The Social Security System (SSS) and Manulife Philippines have expanded their partnership to offer broader group credit life insurance for pensioners who take out loans under the SSS Pension Loan Program.
Tie-up sets stage for safer, faster field payments
The Philippine National Bank and PMFTC Inc. have signed a partnership that will equip more than 1,200 PMFTC sales personnel with QR Ph–enabled identification cards and lanyards, allowing them to accept customer payments through any mobile banking app or e-wallet.
Mastercard brings Google Pay to PH, making payments faster and safer
Mastercard has joined the launch of Google Pay in the Philippines, allowing its cardholders to make quick, contactless payments in stores, apps, and online using Android devices.
Government touts strong economy, promises tougher reforms and accountability
The government on Monday says the economy remains solid, with stable foundations and strong investment prospects. Finance Secretary Ralph Rector frames the current controversies as part of an internal reform effort led by the President, who has vowed to expose—not shield—corruption.
T-Bill yields mixed as markets weigh risks
Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.
