Government securities yields mostly climbed at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ (BSP) surprise 25-basis-point rate increase, although strong demand continued to underscore ample market liquidity.
Financial independence has long been a personal aspiration for many Filipinos, but experts say achieving it requires more than earning a higher income. The path often begins with building financial security through greater access to financial services and a stronger understanding of money management.
Treasury bill yields ended mixed on Monday as investors weighed the impact of fresh government debt supply against easing inflation concerns following a breakthrough peace agreement in the Middle East that triggered a sharp decline in global oil prices.
The International Monetary Fund (IMF) has urged the Bangko Sentral ng Pilipinas (BSP) to strengthen its legal, operational, and cybersecurity foundations as it advances plans to explore a wholesale central bank digital currency (wCBDC), highlighting the growing complexity of building next-generation financial infrastructure.
GCash will complete its transition from SMS-based one-time passwords (OTPs) to in-app authentication by June 22, marking a major cybersecurity upgrade aimed at protecting millions of users from phishing attacks and online fraud.
Mindanao-based homegrown retailer EMCOR (Engineering and Machinery Corporation) has partnered with leading digital finance platform GCash to roll out integrated digital payment services across all 174 of its branches nationwide, bringing greater convenience and financial flexibility to customers across Palawan, the Visayas, and Mindanao.
The Department of Information and Communications Technology (DICT) will formally adopt the Scam Watch Pilipinas Anti-Scam Quad Model as the country’s official national strategy for anti-scam education and public awareness, establishing a unified framework to guide public action and cross-sector collaboration in preventing fraud.
Converge Global Business, the enterprise arm of Converge ICT Solutions Inc., has signed a key partnership with Ormoc-based Virtual Staffing Solutions (VSS) to power VSS’s expanding local and global operations with high-speed, secure pure fiber connectivity.
The new Batangas State University-LIMA Campus is being positioned as a key part of LIMA’s long-term plan to attract more investments and support up to 250,000 jobs as the Aboitiz-led economic estate expands beyond manufacturing.