Banking & Insurance
Pru Life UK expands portfolio with 20-year endowment plan
Pru Life UK has unveiled PRUSteady Income, a new 20-year endowment insurance plan designed to address the evolving financial priorities of Filipinos by combining guaranteed life protection with a predictable income stream.
GSIS defends investment soundness amid review of stake in gaming firm
The Government Service Insurance System (GSIS) on Wednesday affirmed the actuarial soundness and financial strength of its investment portfolio, including its recent stake in DigiPlus Interactive Corp., amid public scrutiny over the state-owned firm’s investment choices.
Forex reserves dip slightly to $105.7B in July
The country's gross international reserves (GIR) edged down to US$105.7 billion at end-July 2025 from US$106.0 billion the previous month, according to preliminary data released by the Bangko Sentral ng Pilipinas (BSP).
BSP moves to tighten online gambling rules, citing consumer risk
The Bangko Sentral ng Pilipinas (BSP) is preparing to roll out stringent new regulations targeting financial transactions linked to online gambling, reinforcing its position against gambling-related harm in the digital economy.
BSP urges timely submission of foreign borrowing plans
The Bangko Sentral ng Pilipinas (BSP) has issued a reminder to resident entities to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2025 and full year 2026 by September 30, 2025.
