Business

Filipinos can now invest in government securities using their GCash mobile wallets, thanks to a new platform launched by the Bureau of the Treasury (BTr) in partnership with GCash, PDAX, and Bonds.ph. The platform, called GBonds, allows users to purchase Treasury bills (T-bills) for as low as P500, with no fees for top-ups and withdrawals and standard rates for buying …

The Bangko Sentral ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) have joined forces to reinforce the safety and resilience of the country’s key financial market systems. Through a memorandum of understanding (MOU) signed at the BSP office, the two institutions committed to safeguarding interconnected platforms such as the BSP’s Peso real-time gross settlement system (PhilPaSSplus) and the …

BDO Unibank Inc. reaffirmed its support for foreign investors by welcoming members of the Kyoto Employers Association (KEA) during their first official business mission to the Philippines. Held at BDO’s Makati headquarters, the visit was organized in partnership with the Philippine Trade and Investment Center in Osaka. The Japanese delegation, composed of KEA’s next-generation leaders aged 50 and below, represented …

Philippine National Bank (PNB) has once again earned international recognition after being named Best Bank for Investment Research in the Philippines at the Euromoney Private Banking Awards 2025. This marks the bank’s fifth consecutive win in the category since 2021. “This award further underscores our dedication to provide dependable insights to our stakeholders,” said Executive Vice President Francis Albalate, PNB’s …

To aid government workers and retirees affected by Severe Tropical Storm Crising and the intensified southwest monsoon (habagat), the Government Service Insurance System (GSIS) has opened its emergency loan facility in five calamity-declared areas: Quezon City, Cavite, Umingan (Pangasinan), and Calumpit (Bulacan). GSIS Officer-in-Charge Juliet Bautista announced that qualified members and pensioners in these areas may now apply for the …

The Philippine gaming industry earned ₱215 billion in gross revenues during the first half of 2025, reflecting strong growth in integrated resort operations and robust investor interest, the Philippine Amusement and Gaming Corp. (PAGCOR) announced last week. Speaking at the Philippine Hotel Connect 2025 in Pasay City, PAGCOR Chairman and CEO Alejandro Tengco said licensed casinos inside integrated resorts (IRs) …

The Bureau of Internal Revenue (BIR) has extended the deadlines for filing tax returns, paying taxes, and submitting documents in areas battered by tropical cyclones Crising, Dante, and Emong, along with the intensified southwest monsoon or “habagat.” In a statement released Friday, BIR Commissioner Romeo Lumagui Jr. said taxpayers in the affected areas—including Metro Manila, parts of Northern Luzon, Mimaropa, …

US-based Cerberus Capital Management is set to invest an additional ₱15 billion in the Philippines over the next 12 months, eyeing upgrades to its Subic shipyard and launching new ventures in logistics, energy, and transport infrastructure. The announcement came following the firm’s meeting with President Ferdinand R. Marcos Jr. in Washington, DC, where executives cited government support and encouraging operational …

Trade Secretary Cristina Roque remains hopeful that tariffs on Philippine exports to the United States could still be reduced, even as the rate has been officially set at 19 percent effective August 1, following an announcement by US President Donald Trump. While the current rate is lower than the previously announced 20 percent, it is still higher than the 17 …

Government revenues continued to climb in June 2025, driven by double-digit growth in tax collections, while public spending also rose to support economic activity, data from the Bureau of the Treasury (BTr) showed. Revenue collections in June hit ₱306.9 billion, up 3.5 percent from ₱296.5 billion in the same month last year. Tax collections rose by 12.35 percent to ₱280.1 …