Tag: BSP

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Digital payments hit target as Filipinos shift from cash

Banking & Insurance Context.ph Context.ph -
Digital payments accounted for nearly two-thirds of retail transactions in the Philippines last year, putting the country within its national target range and underscoring how quickly electronic payments are replacing cash in everyday commerce.

RCBC joins BSP-backed Direct Debit PH payment system

Banking & Insurance Context.ph Context.ph -
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.

BSP sees elevated inflation shaping 2027 budget

Economy Context.ph Context.ph -
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.

Metrobank adds new safeguards as digital scams evolve

Banking & Insurance Context.ph Context.ph -
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 slip; 91-day paper below 5%

Banking & Insurance Context.ph Context.ph -
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.
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Philippines becomes ASEAN model for next-generation 911

Communications & Technology 0
The Philippines is emerging as a regional template for modern emergency response, with Thailand, Indonesia, and Vietnam looking at the country’s next-generation 911 system as they explore upgrades to their own aging emergency communications infrastructure.

But First, Coffee grows through inclusive hiring

Economy 0
What began as a one-person coffee business during the pandemic has grown into a nationwide enterprise employing thousands of workers, proving that a small startup can build a bigger business by widening access to opportunity.

Two Worlds, One Groove, Strictly 30+ at Monarch Manila

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Millennials—generally defined as those born between 1981 and 1996–have spent most of our lives in transition. We went from analog television to streaming, from snail mail to beepers, text messages, Skype, and Zoom. We were raised on our parents’ promise of stability just as the internet began selling us freedom, leaving us between two worlds.

Meralco crews brace for monsoon power outages

Energy & Mining 0
The Manila Electric Co., the country’s largest power distributor by sales that is better known as Meralco, has placed its personnel on standby as heavy rains from the southwest monsoon threaten to cause power interruptions and other electricity service concerns across its franchise areas.

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