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Monday, 10 November 2025, 12:02 pm

    Banking & Insurance

    BSP, NBC reaffirm cooperation on financial innovation at bilateral meeting

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    The Bangko Sentral ng Pilipinas (BSP) and the National Bank of Cambodia (NBC) concluded a high-level bilateral meeting today, reaffirming their commitment to closer cooperation in central banking and financial innovation.

    BSP adopts new format for policy decision announcements

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    The Bangko Sentral ng Pilipinas (BSP) will implement a new format for announcing monetary policy decisions starting Thursday, 28 August 2025, aligning with international best practices in more advanced jurisdictions.

    Insurer retains strong credit ratings

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    Malayan Insurance Co., Inc. again secured its position as one of the country's most stable insurers, with AM Best reaffirming its Financial Strength Rating (FSR) of B++ (Good) and a National Scale Rating (NSR) of aa+.PH (Superior) for the 21st consecutive year.

    BDO highlights new digital branch in campaign with Alden Richards

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    BDO Unibank spotlights its newest branch innovations in a new video campaign featuring long-time client and actor Alden Richards. The video showcases BDO’s latest digital solutions that blend convenience with personalized banking—offering clients the choice of going digital or receiving in-branch assistance.

    Credit trust rising but barriers to wider adoption persist – survey

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    The trust or faith Filipinos put in the credit products put out by the various financial institutions has increased significantly based on the latest credit perception index or CPI conducted by the private credit reference firm TransUnion.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Energy

    Meralco power rate rises in November

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    Households across Metro Manila and nearby provinces will face slightly higher electricity bills this month as the Manila Electric Co. (Meralco) raised its rates by P0.1520 per kilowatt-hour (kWh).
    Corporate

    Shell Pilipinas mandates share ownership for executives

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    Shell Pilipinas Corp., the local unit of global energy giant Shell, announced that its board has approved a new policy—effective January 1—requiring key officers, including its president and CEO, to own a minimum of 100,000 company shares.
    Corporate Bulletins

    Uwan loses strength, headed toward West Philippine Sea

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    Typhoon Uwan weakened after slamming into the Sierra Madre mountains late Sunday but retained its fierce winds. PAGASA lifted Signal No. 5 yet maintained Signal No. 4 over parts of Abra, Benguet, Ifugao, Ilocos Sur, Mt. Province, Nueva Ecija, Nueva Vizcaya, La Union, and Pangasinan. Moving west-northwest at 20 kilometers per hour, Uwan’s center is expected to reach the West Philippine Sea by Monday night, where it may regain strength before veering toward Taiwan. The NDRRMC reported that about 836,000 people across eight regions have been affected, with roughly one-third now sheltering in evacuation centers. Damage and casualty reports are still being collated.
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