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SEC backs crowdfunding as fund raiser for MSMEs

The Securities and Exchange Commission pushes crowdfunding and other means of sourcing funds to alleviate the financial status of micro, small and medium enterprises...

Bank, government loan programs available for MSMEs

Micro, small and medium enterprises (MSMEs) can avail of a bank or government loan program to finance their everyday operations or expand their businesses,...

Government 2Q borrowings ease to only $2.73 billion 

The national government took out loans totaling $2.73 billion in the second quarter this year, all of it from the Japan International Cooperation Agency...

Statistics Authority registers over 80 million Filipinos under national ID system

The Philippine Statistics Authority said Thursday has successtully registered over 80 million Filipinos to the Philippine ldentification System, or the national ID system, as...

e-wallets far more widespread in Phl than credit cards

The Philippines is well on its way to a cash-lite future as the number of Filipinos owning e-wallets like Maya and GCash far outnumber...

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AXA, Home Credit’s Borrower Protection addresses urgent need for financial safety

The urgent need to close the country’s wide risk protection gap has never been clearer—and for millions of Filipino consumers, it is not just a sector challenge, but a daily, pressing reality. Boston Consulting Group data show 64 percent of Filipinos cannot cover a ₱10,000 medical expense without going into debt or relying on an HMO, even as insurance penetration hit a record 2.03 percent in Q1 2026. This gap leaves most families dangerously exposed: a sudden illness, accident, or loss of a breadwinner instantly turns regular payments into crushing debt, forcing many to borrow from predatory lenders and trapping households in cycles of financial hardship. For consumers, this means no real safety net—one misfortune can erase progress and burden loved ones for years.

Luzon dams gain water ahead of El Niño

Luzon’s major dams have gained substantial amounts of water after weeks of torrential rain, giving the country a stronger buffer against the drier conditions that could accompany a potentially strong El Niño.

DA upgrades market early-warning system against farm losses, boost supply chain resilience 

The Department of Agriculture’s Agricultural Marketing Assistance Service is enhancing its market early-warning system to anticipate supply disruptions, connect farmers with buyers earlier, and stop produce from spoiling or being sold at steep, below-cost prices. The initiative draws on lessons from the Middle East conflict, when the department used emergency procurement to keep agricultural goods moving despite sharp rises in logistics costs.

BCDA advances Bonifacio Capital District infrastructure plans

The Bases Conversion and Development Authority (BCDA) is moving ahead with road and utility plans for the 160-hectare Bonifacio Capital District (BCD) in Taguig, seeking a consultant to prepare detailed engineering designs for the planned infrastructure.

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