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Banking & Insurance
Most Filipinos lack emergency savings despite rising financial literacy
A stark divide has emerged between what Filipinos know about money and how much they have actually saved, prompting proactive workplace interventions. According to the Bangko Sentral ng Pilipinas 2025 Consumer Finance and Inclusion Survey, basic financial literacy among Filipino adults has risen to 74 percent, up from 69 percent in 2021. However, this knowledge has not yet translated into financial security, as a worrying 30 percent of Filipinos report having enough savings to weather an emergency or sudden income loss, and fewer than half are satisfied with their current financial state.
Communications & Technology
PLDT secure indigenous approval for Palawan undersea cable project
Telecom giant PLDT Inc. has officially secured the backing of the Tagbanua Indigenous Cultural Communities (ICC) for its new undersea fiber-optic project, clearing a major path to boost internet reliability across Palawan.
Trade & Investments
Ex-Finance chief Pardo urges business to invest, hire despite headwinds
Former finance secretary and Philippine Stock Exchange chairman Jose T. Pardo called on the private sector Wednesday to keep investing and hiring, even amid rising inflation, warning that economic recovery cannot wait.
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