Thursday, May 7, 2026
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Tag: trust funds

Philippines pre-need industry’s profit hit P7.96 billion in 2025

The Philippine pre-need industry’s net income reached P7.96 billion in 2025 as strong sales of life and memorial plans drove growth, the Insurance Commission...

‘Abuse of power:’ Baricuatro slams Garcia’s ‘trust funds’ memo

CEBU CITY— Cebu governor-elect Pamela Baricuatro described outgoing governor Gwendolyn Garcia’s memorandum to establish Trust Funds for various provincial programs, as an abuse of...

Local pre-need company moves to save trust funds

The pandemic has virtually crippled nearly every business operation in the Philippines. It has restricted the mobility of the people, shut down many establishments...

BSP widens distribution of trust funds

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, expanded the distribution channels of trust corporations for unit investment trust funds...

BSP to restrict access to cash-mopping tools

The  Philippines  plans to close a loophole in regulation of trust funds, by restricting those overseen by banks from parking short-term cash at the...
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