Banking & Insurance

Asians are living longer, but many still struggle to feel financially secure in later life, according to the 2025 Financial Resilience and Longevity Report from Manulife Wealth and Asset Management. The study, covering Hong Kong, Malaysia, Indonesia and the Philippines, found that most people prioritize quality of life over extended lifespans.

The Bureau of Internal Revenue (BIR), under the direct supervision of newly minted Finance Secretary Frederick D. Go, on Monday announced the immediate and temporary suspension of all field audits and related operations, including the issuance of Letters of Authority (LOAs) and Mission Orders (MOs), following widespread taxpayer concerns over audit practices.

The Bank of the Philippine Islands (BPI) has teamed up with SingX Singapore Pte. Ltd. to offer Overseas Filipinos in Singapore, Hong Kong, and Australia a faster, more secure, and fully digital way to send money to the Philippines any time of day.

Rizal Commercial Banking Corp. (RCBC) has partnered with international money transfer platform Taptap Send to widen remittance options for overseas Filipinos in the U.S., Canada, Europe, the U.K., the UAE, and Australia.

Security Bank has partnered with Mazda Philippines to provide more flexible and competitive financing options for customers interested in owning a premium vehicle. The collaboration uses the bank’s award-winning auto loan program to make Mazda models more accessible through convenient and transparent financing.