Tag: foreign investments

Investor appetite for short-term government securities remained robust on Monday, allowing the Bureau of the Treasury (BTr) to fully award its Treasury bill (T-bill) and Cash Management Bill (CMB) offerings despite mixed movements in yields amid easing geopolitical tensions and moderating inflation expectations.

Mynt Inc., the parent company behind leading digital financial platform GCash, has submitted its registration statement to the Securities and Exchange Commission (SEC) to pursue an initial public offering (IPO) that could raise up to ₱92.3 billion.

The Bank of the Philippine Islands (BPI) on Monday announced that fund transfers via InstaPay and PESONet to other banks and e-wallets will be permanently free for all users effective July 1, 2026. The waiver complies with BSP Circular No. 1238, Series of 2026, which mandates fair and reasonable pricing for electronic fund transfers across financial institutions.

The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.