Banking & Insurance
PH, Singapore begin talks to update 1977 tax pact
The Philippines and Singapore have officially launched negotiations to modernize their 1977 Double Taxation Agreement (DTA), aiming to align the decades-old treaty with current global economic conditions and deepen bilateral investment ties.
Bond opportunities seen as BSP maintains supportive stance
Manulife Investment Management is urging investors to adopt a flexible, diversified approach to bond investing, balancing short- and long-duration bonds while closely watching inflation trends and potential policy moves from the Bangko Sentral ng Pilipinas (BSP).
LSB opens new North Luzon branches
Legazpi Savings Bank (LSB), a subsidiary of the Bank of the Philippine Islands (BPI), has opened three new branch-lite units (BLUs) in Northern Luzon, as part of its ongoing mission to support educators and strengthen communities. The new branches are located in San Fernando (La Union), La Trinidad (Benguet), and Tuguegarao City (Cagayan)—key hubs serving over 85,000 teaching and non-teaching staff and more than 5,000 schools across Regions I and II.
Stagnant wages threaten Filipino income security and healthcare, study finds
A recent study by insurance company EastWest Ageas reveals that 82 percent of Filipinos actively work toward income security, while 81 percent prioritize health to avoid costly medical expenses.
Iloilo embraces QR payments in markets, PUVs
Iloilo Province has launched the Paleng-QR Ph Plus program to promote wider use of digital payments in public markets, public utility vehicles (PUVs), and local businesses, in line with the national push for financial inclusion.
