Zobel-led Ayala Corp. reported a core net income, which excludes one-off items, of ₱23.7 billion in the first half of 2025—a two percent decline compared to the same period last year but an improvement from the four percent drop in the first quarter of the year. “This was a result of higher...
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...
Ayala-led Bank of the Philippine Islands (BPI) is opening an office in Singapore in October to serve high-net-worth Filipino clients who want to invest overseas. In an interview, BPI President Jose Teodoro K. Limcaoco said, “We 're opening an office to serve Filipino clients in the ASEAN...
The Ayala Group reported that the parent company and four of its main subsidiaries have once again made it to the prestigious FTSE4Good Index Series due to their sound environmental, social and governance (ESG) practices. In a statement, the conglomerate said inclusion in the index strengthens the...
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...
The country’s oldest business group is urging President Ferdinand Marcos Jr. to advance his administration’s entire agenda through a single bill, similar to the One Big Beautiful Bill recently signed into law by United States (US) President Donald Trump. The Chamber of Commerce of the...
The Department of Education’s (DepEd) decision to adopt Filipino and English as the primary languages of instruction from Kindergarten to Grade 3 starting School Year (SY) 2025–2026 has gained strong support from the Chamber of Commerce of the Philippine Islands (CCPI), the country’s oldest...
The Chamber of Commerce of the Philippine Islands (CCPI) expressed its support for the new directive in the education sector to adopt Filipino and English as the primary media of instruction for Kindergarten to Grade 3. CCPI, the country’s oldest business group, described the move as a “bold...
The country’s oldest business group is pushing the Senate to perform its constitutional duty and start the impeachment trial of Vice President Sara Duterte, warning that failure to do so could breed “instability.” In a statement, the Chamber of Commerce of the Philippine Islands (CCPI) said...
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...
