Recent Posts

LANDBANK agri-hubs aiding rice-producing provinces

State-run Land Bank of the Philippines (LANDBANK) recently inaugurated agri-hubs in Oriental Mindoro and Misamis Occidental, in its continued bid to boost the rice production and economic activities in these provinces. LANDBANK has been establishing agri-hubs in the country’s top rice-producing provinces to bring various financial services under one roof. These include banking services such as account opening, withdrawals, and …

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Personal remittances record 2.7-percent surge to US$3.15-B in January 2024

Personal remittances from Overseas Filipinos (OFs) registered US$3.15 billion in January 2024, higher by 2.7 percent than the US$3.07 billion recorded in the same month last year. The increase in personal remittances in January 2024 was driven by increased remittances from land-based workers with work contracts of one year or more and 2) sea- and land-based workers with work contracts …

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Security Bank partners with Helios for solar mortgage program

Security Bank Corporation (PSE:SECB) has teamed up with Helios, the country’s pioneering climate fintech firm behind the innovative solar mortgage program, to revolutionize the way Filipinos access clean and sustainable energy.  This strategic partnership, cemented by the signing of a Memorandum of Agreement (MOA) on February 29, 2024, marks a significant milestone in the journey towards a greener and more …

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Cebuana Lhuillier, top bank leaders join hands to accelerate financial inclusion agenda

In a monumental gathering, the giants of the banking world have come together in an intimate dinner setting recently to fortify their connections and collaborate on a mission of paramount importance: financial inclusion.  This unprecedented event showcases the commitment of the banking leaders to bridge gaps and pave the way for a more inclusive financial landscape. Through shared insights, strategic …

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MICT handles 50 million TEUs

Manila International Container Terminal (MICT), International Container Terminal Service, Inc.’s (ICTSI) flagship terminal, celebrates another milestone with the handling of its 50 millionth twenty-foot equivalent unit (TEU). MICT unloaded the 50 millionth TEU container from MV Seabreeze, operated by Ocean Network Express (ONE). The shipment is owned by HRD Singapore PTE Ltd. Leveraging cutting-edge technology, MICT has been at the …

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FSCC highlights continued vigilance as market developments unfol

The Financial Stability Coordination Council (FSCC) held its 38th Executive Committee meeting. Held soon after the launch of the 2023 Financial Stability Report (FSR), the Council assessed the development in the early part of 2024 against the trends of the full year of 2023 as reported in the FSR. FSCC Chairman and Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, …

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WORLDBEX 2024 underway

The much-anticipated WORLDBEX 2024 commenced on March 14, 2024 at the World Trade Center in Pasay City. Distinguished guests and industry leaders from around the world gathered to witness the unveiling of the premier event in the building and design industries. Amidst the buzzing atmosphere, esteemed VIPs graced the occasion with their presence, adding to the prestige and allure of …

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FinTech Visionary to Tax & Investment Leaders: Collaboration is a Must

The Founding Chairman of FinTech Alliance.PH, addressed top financial leaders at the 2024 International Tax and Investment Conference themed “Breaking Barriers in Digital Economy,” stressing the imperative for collaborative strategies to enhance the country’s digital infrastructure and invest in Filipino technological capabilities to accelerate digital transformation. Lito Villanueva spotlighted the Philippines’ rise in the 2023 Network Readiness Index during a …

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SM Foundation, partners kick off medical mission in Cagayan, Isabela

SM Foundation recently conducted its medical and dental mission in Sta. Ana, Cagayan Valley, and Santiago, Isabela, continuing is mission of providing healthcare access in underserved communities.  In collaboration with BDO Network, JCI Cauayan Bamboo, and the Local Government Unit of Isabela and Cagayan, the initiative in Cagayan saw volunteers, including doctors and healthcare professionals, provide over 600 vital services—from …

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