Banking & Insurance
Maya in retail network payments pact with Pepsi-Cola PH
Maya, the leading digital bank and payments processor in the Philippines, has partnered with Pepsi-Cola Products Philippines, Inc. (PCPPI) to introduce a transformative digital payment and financing initiative for PCPPI’s expansive network of over 200,000 distributors and retailers, including local sari-sari stores.
BSP projects moderate March inflation, highlighting economic stability
The Bangko Sentral ng Pilipinas (BSP) has forecast March 2025 inflation to range between 1.7 percent and 2.5 percent, signaling a balanced outlook despite pressures from certain key commodities.
T-bill rates rise ahead of inflation data, BSP policy meeting
Average rates on Treasury bills (T-bills) increased during Monday's auction, ahead of the March inflation data release and the upcoming Bangko Sentral ng Pilipinas (BSP) monetary policy meeting.
Financial system proves resilient amid global challenges, says FSCC
The Financial Stability Coordination Council (FSCC) has released its 2024 Financial Stability Report (FSR), showcasing the resilience and stability of the Philippine financial system despite global challenges, including geopolitical tensions and policy shifts.
Pru Life UK strengthens leadership in the Philippines
Pru Life UK has boosted its position as top life insurer in the Philippines, based on its performance for 2024. According to the Insurance Commission, the insurer reported a new business annual premium equivalent (NBAPE) of P9.8 billion, leading the industry and marking a 33 percent quarter-on-quarter growth in Q4 2024.
