ASEAN-BAC Chair calls for inclusive ASEAN Digital Economy
An increasingly digital market spearheaded by the widespread use of GCash, Maya, the systematic adoption of cashless payments and transfers by banks, and the rising emergence of financial technology startups has shown a changing tide in the Philippine economy. As of 2026, more than 95 million Filipinos use electronic money platforms to transact daily—be it through their bill payments, fund transfers, or investment in virtual assets. […]
PH Expands Shields Against Dirty Money
The Philippines’ Anti-Money Laundering Council (AMLC) is preparing a major overhaul of its rules to widen oversight of high-risk industries such as real estate, casinos, online gambling, and virtual asset service providers (VASPs). AMLC’s stratagem aims to preserve the country’s hard-won removal from the Financial Action Task Force (FATF) gray list and strengthen defenses against illicit financial […]