More young Filipinos are turning to digital banking not only for payments and fund transfers but also as their preferred tool for building savings, signaling a broader transformation in financial habits driven by mobile technology and greater financial inclusion.
The Private Sector Advisory Council–Digital Infrastructure Sector (PSAC-Digital Infra) is backing the proposed One Canal Policy, saying shared infrastructure could accelerate fiber deployment, reduce costs, and expand high-speed internet access nationwide as the Philippines pushes deeper into the digital economy.
The Bank of the Philippine Islands (BPI) has added Fitmart Tacurong in Sultan Kudarat as its latest “May BPI Dito” Partner Store, moving forward with its goal of bringing more inclusive and convenient banking services to Filipinos.
The Philippines’ planned high-technology hub under Pax Silica in New Clark City is emerging as a major investment magnet, with the project expected to attract up to USD70 billion in investments, create as many as 190,000 direct jobs, and accelerate the country’s push into advanced manufacturing.