Pioneer Insurance Group reports growing demand for low-cost, sachet-style microinsurance in the Philippines as more Filipinos seek affordable protection against disasters and financial risks.

Global Ferronickel Holdings Inc. reported a sharp rise in earnings, driven by higher nickel ore prices and increased shipment volumes from its mining operations in the Philippines.

The Bangko Sentral ng Pilipinas is considering a possible off-cycle interest rate hike as inflation risks worsen due to rising oil prices, peso weakness, and global supply pressures.