Rizal Commercial Banking Corp. (RCBC) is among the first banks to join Direct Debit PH, a new automated recurring payment facility championed by the Bangko Sentral ng Pilipinas (BSP) to modernize the country’s payments system and accelerate the shift toward a cash-lite economy.
The Bangko Sentral ng Pilipinas expects inflation to remain elevated in 2027, with the government adopting a 4 percent to 5 percent inflation assumption in crafting the proposed national budget amid continued global and domestic price risks.
Metropolitan Bank & Trust Co. is strengthening its digital banking defenses with new security features designed to give customers greater control over their money as fraudsters become more adept at exploiting stolen credentials and human error.
Treasury bill yields continued to ease at Monday’s auction, with the rate on the benchmark 91-day paper slipping below 5 percent as cooling inflation strengthened expectations for a more accommodative monetary policy.
Philippine markets may stay on edge as investors juggle Middle East risks, oil prices and the next move by the Bangko Sentral ng Pilipinas, but fading rate-hike bets are giving both the peso and stocks some breathing room.
The Bangko Sentral ng Pilipinas (BSP) has expanded the list of qualified investments under the Personal Equity and Retirement Account (PERA) to include time deposits, giving Filipinos another accessible option to build long-term retirement savings, per new guidelines issued August 20, 2026.
The Philippine Health Insurance Corp. (PhilHealth) plans to pilot a global-budget payment system that could give hospitals funding upfront, as it expands no-balance-billing options and seeks to cut patients’ out-of-pocket healthcare costs.
The Philippine Amusement and Gaming Corp. (PAGCOR) is developing an app to steer players toward licensed online gaming platforms as illegal operators continue to make up about half of the sites accessed in the Philippines.
The government is looking at veteran automotive manufacturer MD Juan Enterprises Inc. as a potential production base for locally made electric vehicles, starting with electric tricycles and eventually moving into electric jeepneys.