The Bank of the Philippine Islands (BPI) won six awards at the Asian Banking & Finance (ABF) Retail Banking Awards 2025, reaffirming its position as a strong leader in the Philippine banking industry. “We are honored to be recognized by Asian Banking and Finance. These awards affirm our...
Bank of the Philippine Islands (BPI), the financial services arm of the Ayala Group, posted a 5.2-percent improvement in net income to ₱50.5 billion in the first nine months of 2025 from the ₱48 billion earned in the same period last year. The bank said in a disclosure to the Philippine Stock...
The Philippine Stock Exchange index (PSEi) rose for a third straight session as investor sentiment improved amid a firmer peso and prospects for further central bank interest-rate cuts. The main index, or PSEi, added 17.88 points, or 0.29 percent, to close at 6,094.10 on Wednesday, Oct. 15,...
After responding to three typhoons and eight earthquakes in recent months, the Philippine Red Cross (PRC) on Tuesday, October 14, said it continues to work tirelessly on the frontlines of disaster relief — this time extending urgent aid to communities struck by the recent “doublet...
The Philippine Stock Exchange index (PSEi) gained ground, boosted by easing United States-China trade tensions and investor anticipation of more rate cuts from the Bangko Sentral ng Pilipinas (BSP). The main index rose 23.89 points (0.39 percent) to finish at 6,076.22 on Tuesday, Oct. 13. The...
The Philippine Competition Commission (PCC) has approved the proposed acquisition deal between Metanoia South Pte. Ltd. and Copper Smelting Investments Ltd., finding that the agreement poses no competition risks. The PCC said the acquisition was approved following a Phase 1 review, which determines...
The Armed Forces of the Philippines (AFP) confirmed on Tuesday, Oct. 14, that the Philippine Navy (PN) destroyed an erected steel structure in Bajo de Masinloc (Scarborough or Panatag Shoal) in 1997, following an unauthorized construction attempt by Chinese forces. This should serve as a reminder...
The Philippine Coast Guard (PCG) has revealed that, for the first time, China Coast Guard (CCG) personnel issued a radio challenge claiming that the presence of Filipino fishing boats in Bajo de Masinloc (Scarborough or Panatag Shoal) could damage what they called an “environmental reserve,”...
The Philippines reinforced its standing as a global tourism powerhouse after capturing six major honors at the 2025 World Travel Awards (WTA) Asia and Oceania Gala Ceremony, the Department of Tourism (DOT) said on Tuesday, Oct. 14. DOT Secretary Christina Garcia-Frasco said the recognitions...
The Philippine Marine Corps (PMC) and the United States Marine Corps (USMC) launched the Marine Air Support Activity 2025 (MASA 25) on Monday, Oct. 13, to strengthen their cooperation and enhance regional security in the Indo-Pacific. MASA 25 is a bilateral exercise under the Mutual Defense...
The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company. “The...
The Philippines is set to make history as a guest of honor at the 77th Frankfurt Book Fair 2025 in Germany, a rare distinction that puts Filipino creativity at the center of global literary conversations. Sen. Loren Legarda, credited for her role in securing the Philippines ' participation...
