Foreign Investors Pull $4.3 Billion in Hot Money from the Philippines
The Philippine financial market is facing renewed pressure as foreign investors withdraw billions of dollars amid rising geopolitical tensions, increasing inflation, and a weakening peso. In the first eight months of 2026, foreign portfolio investments recorded a net outflow of approximately $4.25 billion, reversing the $4.58 billion in net inflows recorded during the same period […]
BSP: Only 14 in 100 Filipinos Have Insurance
Bangko Sentral ng Pilipinas (BSP) has sounded an alarm over one of the most persistent and consequential gaps in the country’s financial inclusion landscape: the extremely low insurance penetration rate. According to BSP Deputy Governor Bernadette Romulo-Puyat in a recent media event, only 14 out of every 100 Filipinos have any form of insurance, a […]