The Philippine Statistics Authority (PSA) has integrated its National ID authentication services with the Small Business Corporation’s (SBCorp) mobile application for loan applications of Micro, Small, and Medium Enterprises (MSMEs).
Bank of Commerce, the country’s 15th largest lender and a member of the San Miguel Group, said its board has elected Antonio Abacan Jr. as an independent director to serve the unfinished term of Rebecca Maria Ynares, who has resigned.
In a major reorganization to boost legislative efficiency, the House of Representatives on Tuesday elected new leaders to several powerhouse committees, including Appropriations, Rules, and the Quad Committee cluster.
The Philippines faces a large insurance protection gap that continues to expand, leaving the vast majority of its population financially vulnerable to life and health risks. According to the Philippine Life Insurance Association (PLIA), over 98 percent of insurable risks across life and property remain unprotected—an exposure estimated to be worth ₱24 trillion, or roughly ₱1.17 million per household.