Ahead of Schedule: Philippines Reach Digital Payments Target Early
The Philippines has officially achieved its digital payments target ahead of schedule, with 64.7% of retail transactions in 2025 conducted electronically—surpassing the BSP’s 2023–2028 goal of 60–70%. Digital payments reaching this milestone shows the combined efforts of the Bangko Sentral ng Pilipinas (BSP), BSP-supervised financial institutions (BSFIs), and government initiatives to drive interoperability, lower fees, and expand access to digital finance. According […]
New SEC Safeguards Set Higher Standards for Market Makers
The Securities and Exchange Commission (SEC) has released a draft framework to regulate market makers in the Philippines, safeguards aiming to improve liquidity, reduce volatility, and enhance investor confidence in the local capital markets. SEC’s initiative arrives as the Philippine Stock Exchange (PSE) also pushes for reforms in its own market‑making rules, symbolizing a coordinated effort to modernize trading infrastructure and align with international standards. The draft framework introduces […]