Cebuana Lhuillier is broadening its business beyond microfinance, transforming its nationwide financial network into an integrated platform that helps companies expand, deepen customer engagement and unlock new growth opportunities.
Cebuana Lhuillier is expanding its footprint in the foreign exchange market, reinforcing its position as one of the country's most accessible providers of global currency services amid growing demand from overseas workers, travelers, students, and businesses engaged in cross-border transactions.
Financial inclusion in the Philippines has made significant strides, with formal account ownership nearly doubling since 2011 based on the World Bank’s Global Findex Database. But the deeper challenge is now emerging as access has expanded faster than sustained usage of financial services.
Cebuana Lhuillier is ramping up its foreign exchange services, aiming to make global currencies more accessible to Filipinos—especially overseas workers and international travelers—while cementing its role as a full-service financial provider.
The Bases Conversion and Development Authority (BCDA) is pursuing at least USD50 million in initial investment from a European aircraft maintenance company, alongside a separate US aerospace manufacturing proposal, as it seeks to expand Clark’s role in the aviation industry.
The Department of Agriculture (DA) is tightening checks on project details and rolling out system-wide improvements after discrepancies were found in coordinates submitted for farm-to-market road (FMR) projects.
A P14.8-billion water supply and wastewater project proposed by Maynilad Water Services Inc. and South Korea’s K-Water for New Clark City has cleared a key hurdle after attracting no competing bid, putting the consortium closer to securing the contract.
BPI Foundation, the social development arm of the Bank of the Philippine Islands, is broadening its nationwide push to boost financial literacy and digital learning, reaching thousands of students and teachers in underserved communities.