Coal power projects are strutting back, and the developers are swinging “the need for baseload demand” as their backstage pass to justify new projects. Even Energy Secretary Sharon Garin is waving the green flag for coal, signaling to the media that if moratorium-exempt projects clear the...
Expectations of further cuts in key borrowing costs as early as this month have grown stronger, driven by last month’s nearly six-year low inflation and lingering economic threats from United States (US) tariffs. Following the below one-percent headline print in July, private-sector economists...
Zobel-led Bank of the Philippine Islands (BPI) posted a 7.8 percent improvement in net income to ₱33 billion for the first half of 2025 from the ₱30.6 billion earned in the same period last year on strong growth in net interest income. In a disclosure to the Philippine Stock Exchange, the bank...
BPI Securities Corp. has downgraded its year-end target for the benchmark Philippine Stock Exchange index (PSEi) by 300 points or four percent to 7,300 due to the impact of United States (US) President Donald Trump’s unstable tariff policy on global markets, although the brokerage is more...
Ayala-led Bank of the Philippine Islands ' (BPI) supporting inclusion, nature, and growth (SINAG) bonds now hold the record as the largest peso bond issuance to date. In a listing ceremony on Tuesday, June 10, BPI SINAG bonds were officially listed on the Philippine Dealing & Exchange Corp....
Nearly three months after launching a promotional ₱10 transaction fee, Ayala-led Bank of the Philippine Islands (BPI) has decided to keep the lower fee as a permanent feature for interbank fund transfers (IBFT) carried out via InstaPay, due to strong customer demand. The BPI has announced in a...
Moody’s Ratings has affirmed the credit ratings of three of the Philippines ’ largest banks —BDO Unibank Inc., Bank of the Philippine Islands (BPI), and Metropolitan Bank & Trust Co. (Metrobank)—on the back of their solid capital positions, stable profitability, and strong liquidity, even...
Bank of the Philippine Islands’ stock brokerage arm BPI Securities Corporation is still sticking to its January forecast for the PSEi to end the year at the 7,600 level despite current market volatility that started with Trump’s election and his controversial tariff policy. “Our team did not...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel is warning consumers against buying imported white onions, following the recent seizure of smuggled onions that tested positive for salmonella and heavy metals. "If possible, please don’t buy imported onions because they may be...
The Bank of the Philippine Islands, the Ayala Group’s financial services arm, is planning to raise ₱5 billion from a planned offering and issuance Peso-denominated fixed-rate BPI Supporting Inclusion, Nature, and Growth Bonds due 2026 (BPI SINAG Bonds). In a disclosure to the Philippine Stock...
The Bank of the Philippine Islands (BPI) is leveraging its social development arm, BPI Foundation (BPIF), to cultivate a more financially literate future generation through a partnership with the Department of Science and Technology – Science and Technology Information Institute (DOST-STII)....
The Bureau of Plant Industry (BPI) has alerted the Bureau of Customs (BOC) to withhold the release of 19 container vans unloaded at Manila’s South Harbor after a spot inspection revealed a misdeclaration involving imported frozen mackerel. BPI Director Gerald Glenn Panganiban said the shipments...
