Luis Buenaventura Announces Departure as Head of GCrypto

A shockwave rippled through global financial markets in July 2026 when Jane Street—one of the world’s largest proprietary trading firms—reported a staggering $15‑billion trading loss, its first negative month since 2016.  The loss, tied to the collapse of the AI‑focused hedge fund Situational Awareness and a broader selloff in semiconductor

The Philippine government is intensifying efforts to position the country as a major player in the global semiconductor and advanced manufacturing supply chain.  The Bases Conversion and Development Authority (BCDA) is planning to woo global technology giants—including Apple, Nvidia, TSMC, MediaTek, Qualcomm, AMD, Broadcom, and UMC—to locate operations within the

A small bakery, beauty salon, or neighborhood store may seem like an unlikely place for illegal gambling transactions. But according to the Bangko Sental ng Pilipinas (BSP), some businesses using these ordinary identities were being used to collect bets for illegal online casinos.   The central bank uncovered the scheme through

For many Filipino families, an unexpected expense can quickly become a financial burden, prompting a new push for stronger financial resilience.  The Bangko Sentral ng Pilipinas (BSP) and the Global Finance & Technology Network (GFTN),with support from the UN Secretary-General’s Special Advocate for Financial Health, have launched the ASEAN Financial

The Philippine digital payments landscape continues to evolve rapidly as BPI BanKo, the microfinance arm of the Bank of the Philippine Islands (BPI), raises its InstaPay daily transaction limit to ₱250,000, five times higher than its previous cap.  In a social media post, BanKo announced its limit increase from ₱50,000

The Philippine digital payments ecosystem has reached another historic milestone.  According to data from the Bangko Sentral ng Pilipinas (BSP), Filipinos moved ₱22.1 trillion through InstaPay and PESONet from January to August 2026, a 44 percent increase from the same period last year.   Even more striking is the surge in

Mynt Inc., the parent company of  Gcash, is moving closer to what could become a landmark moment for the Philippines stock market after the Philippine Stock Exchange Inc. (PSE) approved its initial public offering (IPO) application.   The offering is expected to raise as much as ₱92.32 billion, making it the