Banking & Insurance
Out-of-pocket healthcare spending seen persisting in years forward
Out-of-pocket (OOP) expense for healthcare among Filipino will remain a major problem for years to come, according to insurance executives at AXA.
Fintech successfully raises $2.1M from investors
BayaniPay, a global payments solution platform, on Wednesday bared expanding its seed fund to $6.6 million from existing investors to help cement its status as a powerhouse cross-border fintech company.
FDI continues to weaken in June – BSP
Foreign direct investments (FDI) that fell at an annual clip of 34 percent in May continued to fall in June but at a significantly moderate rate of only 3.9 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Australia seeks even deeper ties with ASEAN neighbors
Australia, a $1.6 trillion economy which has since strengthened relations with neighbors across Asia, looks to substantially boost its economic engagement in countries under the ASEAN in the years forward.
Fitch projects better reinsurance activities in lead up to 2024
Global credit watcher Fitch Ratings has recalibrated the year's reinsurance outlook to "improving" from "neutral" a while earlier to reflect the sector's strengthening financial performance going into 2024.
