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The Rise of Digital Banking in the Philippines

The digital banking landscape in the Philippines is relatively new, with the central bank first introducing the framework in 2021. The regulatory body granted licenses to six institutions: Maya Bank,…

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The Top 10 Philippine Banks by Assets

The Philippine banking and finance sector has seen steady growth in recent years and continues to be dominated by well-established universal and commercial banks, with BDO Unibank Inc. (BDO) maintaining…

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PH financial sector’s total resources up 9% in August

MANILA – The Philippine financial sector’s total resources increased by 9.20 percent as of end-August this year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Preliminary data released by the…

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Remittances from OFWs up anew in August

MANILA – Personal remittances from overseas Filipino workers (OFWs) rose by 3.3 percent in August, the Bangko Sentral ng Pilipinas (BSP) said. Data released by the BSP on Tuesday showed that…

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UAE firms plan to invest over P25-B in PH

Dubai-based logistic firm DP World and Abu Dhabi-based clean energy company Masdar are eyeing to invest over PHP25 billion in the Philippines. Department of Trade and Industry (DTI) Acting Secretary…

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PH ready for more SoKor investments — PBBM

President Ferdinand R. Marcos Jr. assured South Korean investors on Monday that the Philippine government is fully prepared to welcome their investments, offering continued and unwavering support to foster business…

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Philippines President Ferdinand Marcos Jr. delivers his speech during his meeting with South Korean President Yoon Suk Yeol look at the Malacanang Palace in Manila, Philippines, October 7, 2024. Ezra Acayan/POOL via REUTERS

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13 biz deals inked during S. Korean president’s visit to PH

A total of 13 business deals were signed between Manila and Seoul during the visit of South Korean President Yoon Suk Yeol here. According to South Korea’s Ministry of Trade,…

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Jeep in Makati City Central Business District, Philippines

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PH finish strong in regulatory framework pillar in WB report

MANILA – The Anti-Red Tape Authority (ARTA) has welcomed the Philippines’ 16th place finish in one of the three pillars in the Business Ready (B-Ready) report of the World Bank (WB)…

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VAT on digital services to drive PhP105-B more revenues for gov’t – PBBM

In the first five years of its implementation, the Value-Added Tax on Digital Services Law is expected to generate P105 billion in additional revenues for the government, according to President…

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Integration of energy project applications, permitting processes in virtual one-stop shop pushed

President Ferdinand R. Marcos Jr. on Tuesday directed the Department of Energy (DOE) to continue expediting the integration of all applications and permitting processes for energy projects in the Energy…

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News

The Rise of Digital Banking in the Philippines

The Top 10 Philippine Banks by Assets

PH financial sector’s total resources up 9% in August

Remittances from OFWs up anew in August

UAE firms plan to invest over P25-B in PH

PH ready for more SoKor investments — PBBM

13 biz deals inked during S. Korean president’s visit to PH

PH finish strong in regulatory framework pillar in WB report

VAT on digital services to drive PhP105-B more revenues for gov’t – PBBM

Integration of energy project applications, permitting processes in virtual one-stop shop pushed

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