Banking & Insurance
T-bill rates ease at auction as inflation slows
Treasury bill yields fell across all tenors at Monday’s auction, as the sharp deceleration in April inflation heightened expectations of potential monetary policy easing.
Remolona: Trade shocks tougher to tame than supply disruptions
Bangko Sentral ng Pilipinas (BSP) governor Eli M. Remolona, Jr. warned that trade shocks pose a deeper challenge to economic stability than typical supply shocks, citing their longer-lasting effects on investment and growth.
Maya launches ‘Paleng-Kita’ credit program empowering market vendors, transport drivers
Maya, the country's top digital bank and fintech ecosystem, has unveiled Paleng-Kita, a new credit program aimed at providing micro and small business owners—particularly market vendors and public transport drivers—with access to fair, collateral-free loans.
Land Bank taps Isabela cooperative in agri-financing push
The Land Bank of the Philippines has struck an alliance with the Unified Tiller Agriculture Cooperative (UTAC), a development that strengthens commercial financing in agriculture and bolsters the country’s rice production capacity.
ADB: digitalization key to tackling inequality in Asia-Pacific
Digital transformation holds the potential to significantly reduce persistent economic inequality across Asia and the Pacific, but governments must act to close digital divides in infrastructure, access, and skills, according to a new report released today by the Asian Development Bank (ADB) during its annual meeting in Milan.
