‘Few PHL firms have cybersecurity risk cover’

AIG Philippines, an American nonlife-insurance company, said more businesses, especially the data-driven ones, should consider cyber-insurance cover to strengthen the protection of sensitive customer...

The 2018 national budget

Part One It is at this time of the calendar year when the national budget for the next fiscal year (2018, in this case) approaches...

Insurers discuss important issues in claims settlement

The leaders of the nonlife-insurance industry in the Philippines resolved to take significant steps to improve claims-settlement service in the Philippines during the 2017...

FWD Life Philippines launches dollar equity index fund

FWD Life Philippines, one of the country’s fastest-growing life-insurance companies, has launched a dollar-denominated single-payment insurance protection and investment plan, giving customers the opportunity...

OFW remittances up 7.8 percent to $2.5 billion in August — BSP

The Bangko Sentral ng Pilipinas (BSP) reported on Monday a 7.8 percent rise in remittances by Overseas Filipino Workers (OFWs) in August this year, compared to...

A pizza-like investment

It has been a realism that monetary necessities are likely to grow over your lifetime. While your income derived from employment may grow at...

Asean moving closer to common market goal, DOF chief tells IMF

The Department of Finance (DOF) said Monday the Association of Southeast Asian Nations (Asean) is moving closer toward the creation of a common market,...

Government online trade facilitation platform rolls out in December

The Department of Finance (DOF) Monday reported that the TradeNet platform that will be rolled out in December will start with the facilitation of...

BSP offers relief measures to lenders in ravaged areas

Lenders affected by the tropical depression Maring will be subject to less strict regulatory measures on loans and, in turn, can provide debt relief...

Foreign banks in PHL help increase FDI, employment

The entry of foreign banks into the local lending system may have come with early concerns, but the Bangko Sentral ng Pilipinas (BSP) said...

SSS reform measure to improve benefits

The Social Security System (SSS) announced that a corresponding benefit increase will coincide with the proposed monthly pension increase for its member-pensioners, which is...

‘PHL now among Asia’s fastest-growing economies’

Finance Secretary Carlos G. Dominguez III told the American business community in New York that the Philippines has started to deliver on its anticipated economic...

F&A outsourcing–not just an option but a necessity

With the drive toward digital disruption, service providers and clients are up and about chasing technology. The role of service providers has become more...

ING bullish on PHL as ‘captive offshoring’ market

ING Business Shared Services (IBSS), the only shared services hub in Asia of Dutch financial giant ING Bank, renewed its vote of confidence in...

Fed minutes show support for next hike was a close call...

Federal Reserve (the Fed) officials held a detailed debate last month over whether forces holding inflation down were persistent or temporary, with several policy-makers...

Regulators seek Washington breakthrough in Basel talks

A decade on from the last financial crisis, global regulators are close to putting the finishing touches on bank capital rules intended to prevent...

Diokno bares end of line for North Rail

The government on Wednesday announced the proposed deactivation of the North Luzon Railways Corp. (NLRC), citing the need to rightsize the operations of a...

Weakened PhilHealth imperils universal health-care prospect

A lawmaker expressed grave concern on Wednesday over the financial health of the Philippine Health Insurance Corp. (PhilHealth) that could put at risk the...

Association ‘pain points’

As an association executive, a columnist and a blogger on topics revolving around association governance and management, I subscribe to many association-related e-newsletters to...

American banks cut new UK property lending on Brexit

The cost of borrowing to buy United Kingdom commercial property is rising and the amount of credit that lenders, particularly from North America, are...