Banking & Insurance
Australia backs women entrepreneurs with landmark SME loan
The Australian Embassy in the Philippines has announced a US$3 million (₱172 million) loan to ARQ SME Finance, a female-led lender, to boost access to capital for small businesses—particularly those led by women.
Recto vows zero waste in 2026 budget program
Finance Secretary Ralph G. Recto has pledged to ensure that every peso of the proposed P6.793-trillion National Expenditure Program (NEP) for 2026 is spent wisely, vowing strict oversight to prevent waste and corruption.
Supervisors dismissed in BSP attendance scandal
The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) has imposed maximum administrative penalties on two former supervisors found guilty of falsifying employee attendance records—marking a strong enforcement of its integrity policies.
Treasury bill yields fall after BSP cut
Yields on Treasury bills continued to ease at Monday’s auction, following the Bangko Sentral ng Pilipinas’ (BSP)decision last week to lower benchmark interest rates.
Insurer urges Filipinos to guard against life’s uncertainties
As the country marks Life Insurance Month, BDO Life emphasizes the growing need to prepare for life’s contingent risks by securing adequate insurance cover. Highlighting that life insurance remains one of the most affordable ways to protect one’s future, BDO Life encourages Filipinos to view it as a vital "Plan B"—a safeguard when unexpected events like illness, accidents, or loss of life disrupt their primary plans.
