Bankers Florido P. Casuela (left) and Edwin R. Bautista (right) Taipan Lucio Tan’s Philippine National Bank is replacing its current President and CEO Florido P. Casuela with former Union Bank of the Philippines President Edwin R. Bautista effective April 29, 2025. In a disclosure to the...
Bank of the Philippine Islands (BPI), the financial services arm of the Zobel-led Ayala Group, is planning to raise funds from the overseas debt market by offering foreign exchange derivatives (FXD) or floating rate notes (FRN). In a disclosure to the Philippine Stock Exchange, the bank said it has...
Lower interest rates and closer economic integration in Asia-Pacific would allow the region to attract more capital, according to the Asian Development Bank (ADB). "Global monetary easing could increase capital inflows into the region, bringing with it important macroeconomic and policy...
The Philippines declined by one notch to ninth place among the most attractive foreign destinations for Japanese investors in 2024, according to the Japan Bank for International Cooperation (JBIC). In a March 21 publication, JBIC said its latest survey report on overseas business operations by...
Photo shows DBP Senior Vice President Mario Rey T. Morales (second from left), DBP Senior Vice President Ana Marie E. Veloso (third from left), DBP Vice President Raquel C. Atienza (third from right), and DBP Senior Assistant Vice President Maria Eliza C. Galvan (second from right) receiving the...
From left, Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch Executive Director and Head of Corporate Banking Ruben Victa, Ayala Corporation Treasurer Estelito C. Biacora, SMBC Country Head and Managing Director Yasushi Iwata, Ayala Corporation Chief Finance Officer Alberto M. de Larrazabal,...
EastWest proudly introduces Carlos Yulo as their newest brand ambassador, marking the start of an inspiring journey towards financial empowerment and excellence with a human touch. When Carlos Edriel Poquiz Yulo first discovered his passion for gymnastics in 2007, he never imagined competing on the...
BPI volunteers in Dumaguete boost marine biodiversity and support fisherfolk by deploying reef domes through the “Panag-ambit” project. At the Bank of the Philippine Islands (BPI), empowering communities is not just a mission — it’s a way of life. Through its social development arm,...
Low-cost carrier AirAsia said it will strictly enforce new guidelines by the Civil Aviation Authority of the Philippines (CAAP) on the use of power banks during flights. The airline said CAAP is prohibiting the use of power banks due to safety concerns associated with...
IN THE PHOTO L-R: Shiela Marie B. San Buenaventura, RBG Chief Finance Officer, Ayala Land, Inc. (ALI); Rufino Hermann S. Gutierrez, Senior Marketing Director, AyalaLand International Sales, Inc. (ALISI); Augusto D. Bengzon, Chief Finance Officer & Treasurer, ALI; Mariana Flores, Caculitan,...
Globe Telecom Inc. has sealed term loan facilities amounting to ₱20 billion to address its budget needs and boost capital spending this year. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said it borrowed ₱10 billion each from Sy-led BDO Unibank...
Officials from the Department of Public Works and Highways (DPWH) and the Asian Development Bank (ADB) hold a consultative meeting on March 13, 2025, to discuss flood control initiatives in major river basins nationwide. (Photo: DPWH) Officials of the Department of Public Works and Highways (DPWH),...
