Banking & Insurance
Japan and the Philippines renew bilateral swap arrangement
The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bangko Sentral ng Pilipinas signed the fourth Amendment and Restatement Agreement of the Third BSA.
Green bonds surge as global sustainable finance struggles to meet expectations
Global green bond issuance hit a record USD 169 billion in Q3 2024, surpassing the quarterly average of USD 160 billion, marking a significant rise from the USD 130 billion recorded in the same period last year.
Services exports, tourism recovery fueling PH export growth
The World Bank has projected a steady yet moderate growth in the Philippines' exports through 2026, with services exports, particularly in tourism and IT-BPO, leading the charge.
GSIS allocates P8.6B for emergency loans to typhoon victims
The Government Service Insurance System (GSIS) has earmarked P8.6 billion in emergency loans for 363,547 active members and pensioners impacted by recent typhoons.
Roxas City embraces cashless transactions with Paleng-QR PH Plus launch
In a bid to promote cashless transactions and enhance financial inclusion, Roxas City has officially adopted the Paleng-QR PH Plus program.
