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Monday, January 5, 2026

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finance

PH external gap narrows, but borrowing rises for firms and govt

The Philippines ended the third quarter of 2025 with a stronger overall financial position vis-à-vis the rest of the world, even as local companies...

DOF pushes fiscal efficiency to draw developers into socialized housing

A proposed joint memorandum seeking to streamline fiscal and tax processes for housing development is expected to accelerate private investment in socialized and economic...

SMC Raises ₱48.86B, Pioneers First Exchange Offer in PH

San Miguel Corporation (SMC), one of the country’s largest and most diversified conglomerates, has successfully raised ₱48.86 billion through the listing of new preferred...

Visa, PhilGuarantee ink deal to boost credit access for MSMEs

Global payments leader Visa (NYSE: V) has signed a memorandum of understanding (MOU) with the Philippine Guarantee Corporation (PhilGuarantee) to expand credit access and...

Faster, safer BPI money transfers for 4.6M Filipinos in US

For many Filipino families, money sent from loved ones abroad is more than financial support—it is a lifeline and a symbol of connection across...

World Bank, DA to launch $70M climate risk shield

The World Bank is backing a five-year $70 million initiative to create a co-insurance pool that will cushion Philippine agriculture from escalating climate-related risks,...

MyFintech Week 2025 set to spotlight AI, blockchain, and Islamic finance amid ASEAN digital push

In an era of rapid technological disruption, Malaysia is convening fintech leaders and policymakers across ASEAN and beyond for MyFintech Week (MyFW) 2025, set...

DTI’s Women’s Enterprise Fund releases ₱4.22M in loans

The Department of Trade and Industry (DTI), through its financing arm Small Business Corporation (SBCorp), has approved ₱4.22 million in loans for 24 women-owned...

BSP cuts key interest rates to boost economy amid global uncertainty

The Bangko Sentral ng Pilipinas (BSP) has lowered its key interest rate by 25 basis points, bringing the benchmark overnight reverse repurchase rate to...

ACCRA partner Francis Edralin Lim appointed new SEC chief

President Ferdinand R. Marcos Jr. has appointed Atty. Francis Edralin Lim as the new chairperson of the Securities and Exchange Commission (SEC), Executive Secretary...

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