Maya Bank Empowers PH’s IT‑BPM Talent thru Digital Payroll Linked to Savings, Credit
Philippines’ information technology and business process management (IT‑BPM) sector is one of the country’s most powerful economic engines, employing 1.9 million workers and generating US$40.3 billion in revenue in 2025, equivalent to 8 percent of national gross domestic product (GDP). However, despite its scale, global reach, and technological sophistication, the sector faces a persistent challenge: […]
PH Observes Slower Bank Lending, Increase in Bad Loans
The Philippine banking system is entering a more challenging chapter as tighter financial conditions, elevated inflation, and global uncertainty converge to slow loan growth and push nonperforming loans (NPLs) higher. Recent analyses from BMI, a Fitch Group unit, and market economists point to a credit environment that is becoming increasingly cautious. Banks are tightening lending […]