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At the turning point of financial inclusion: How Cebuana Lhuillier delivers scale, trust, participation

FINANCIAL inclusion in the Philippines has reached a critical turning point. The World Bank’s Global Findex Database reveals that formal financial account ownership among Filipino adults has nearly doubled over the past decade, rising from just over a quarter of the population in 2011 to about half in the latest sur…

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The free rider problem

THERE is a market failure in economics known as the free rider problem. It happens when some people consume public goods and services without paying for them, while the costs are shouldered by the rest of taxpayers. In an emerging market like the Philippines, there are many free riders, posing a heavy burden on the …

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More Filipinos explore smarter energy choices amid rising costs

For many Filipinos, the impact of rising fuel and electricity prices is felt every month at home, on the road and in business operations. With global conflicts adding pressure to energy markets and summer demand pushing consumption higher, renewable energy distribution and solutions platform Integra R.E. says intere…

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Futures, Global Stocks Soar To All Time High, Oil Plunges On Endless "Iran Deal" Drumbeat

US equity futures jumped and global stocks rose to record highs as crude oil fell after officials signaled - once again - that the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened while precious metals and crypto bounced from Friday's drop. While the US and Ir…

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