25,000 more delivery riders getting free life insurance

25,000 more delivery riders getting free life insurance

Life insurer Manulife has offered an additional P1.25 billion worth of life insurance coverage to 25,000 more two-wheel riders from various app-based delivery platforms who continue to brave the streets to transport goods during the lockdown of Luzon and other key regions. The free insurance coverage will be given to riders from foodpanda, Gogo Xpress, […]
PH banks now free to assume more dollar risk

PH banks now free to assume more dollar risk

The central bank has eased a rule that previously required financial institutions to hold a 100-percent buffer of assets for their foreign currency liabilities on a daily basis, saying that deficiencies for so-called asset covers on certain days may be offset by...