Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.
The Government Service Insurance System (GSIS) has launched a fully automated, paperless system for filing retirement and life insurance claims, marking a major step in its digital transformation drive to deliver faster and more convenient public service.
Security Bank Corp. reported solid growth for the first nine months of 2025, with total revenues rising 22 percent year-on-year to P48.8 billion. Net profit increased 7 percent to P9.1 billion, reflecting stronger lending activity and improved margins, despite higher provisions for credit losses.
The Bangko Sentral ng Pilipinas (BSP) stressed the crucial role of accurate and accessible data in shaping policies that improve the lives of Filipinos.
President Ferdinand R. Marcos Jr. has appointed Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo Lumagui Jr., who led the agency for three years.