The country has opened more doors to foreign capital, but weak FDI suggests the bigger challenge may be keeping investors here and turning their money into jobs and business opportunities.
The central bank says the Philippines needs to save more, but household budgets leave many Filipinos with little money to set aside.
Wise lets users receive pesos through InstaPay and PESONet and pay via QR Ph as digital transactions grow.
Survey reveals that consumers remain skeptical of financial institutions and prefer to spread their money across multiple providers.
Pricing guidelines allow cost-based fees, not a zero-fee mandate.
Banks and e-wallets gradually roll out services that simplify transfers and recurring payments.
Katmon grows naturally in the country and nowhere else in the world.
The central bank says entity is not licensed, authorized, regulated, or supervised by the BSP.
SEC and BSP approve the merger, with clients assured that banking services and accounts will continue as usual.
The approval formally reclassifies MariBank as a digital bank, aligning its regulatory status with its digital-first business model.
