Revolut Eyes the Philippines as Next Digital Banking Market
Philippines’ digital banking landscape is entering a new phase of competition, maturity, and regulatory clarity. After three years of rapid expansion driven by six (6) licensed digital banks, the market is now stabilizing, with players refining their business models and regulators tightening oversight. Global fintech giant Revolut has indicated that it is keeping the Philippine […]
Peso 7.6% Weaker than Previous Year
“The weakness in the Philippine peso stems largely from the large twin–fiscal and current account–deficits the economy is running, combined with the elevated inflation that the central bank, the BSP, is trying to tackle,” said Philip McNicholas, Asia sovereign strategist at Robeco Singapore. The Oil Crisis: Dagger Middle Eastern conflict, which has been waged since […]