The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world. SMIC was ranked at No. 811 among the world’s top public...
Metropolitan Bank & Trust Company continues to strategically expand its reach with the opening of four new branches in key locations across the country in the first quarter of the year. The bank said it opened new branches within key business districts of Metro Manila, Power Plant Mall in Makati...
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...
The acquisition of the fixed-income bourse boosted the earnings of the Philippine Stock Exchange, Inc. (PSE), which reported a 5.1 percent uptick in its net income for the first quarter of 2025 to ₱254.67 million from ₱242.38 million in the same period last year. The PSE said financial...
The Ty family’s investment arm GT Capital Holdings, Inc. is confident of sustaining its positive momentum this year after reporting that its first quarter 2025 numbers already surpassed last year’s record performance. In a disclosure to the Philippine Stock Exchange, the firm said its core net...
Union Bank of the Philippines (UnionBank) and ATRAM Group (ATRAM) have appointed Deanno J. Basas as President of UnionBank Investment Management and Trust Corporation (UBIMTC) prior to its merger into ATR Asset Management, Inc. (AAMI). The bank said in a disclosure to the Philippine Stock Exchange...
Union Bank of the Philippines and the ATRAM Group have finalized their partnership, aiming to revolutionize the Philippine asset management landscape by merging their trust operations and leveraging digital innovation. Under the agreement, UnionBank will acquire a 27.5 percent stake in ATR Asset...
Metrobank President Fabian S. Dee Metropolitan Bank & Trust Company booked ₱12.3 billion in the first quarter of the year, driven by higher loans and non-interest earnings. In a statement, the bank said earnings improved from ₱12 billion in the first quarter of 2024 as its pre-provision...
President Marcos said a latest survey showing that he remains the most trusted and approved government official in the country "validates" his administration's efforts within his term. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) Marcos said it is validation that the...
President Ferdinand 'Bongbong' Marcos Jr. delivers a speech during the presentation of of the signed Memorandum of Agreement on the Philippine Civil Service Digital Leadership Program in Malacañan Palace on April 24, 2025. (Photo courtesy of PPA/ Noel Pabalate) President Ferdinand Marcos Jr....
President Marcos is not alarmed by the recent drop in his approval and trust ratings and will continue to perform his duties regardless of survey results. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) Communications Undersecretary Claire Castro said this after a March...
Pulse Asia President Ferdinand Marcos Jr. saw a sharp decline in his approval and trust ratings, while Vice President Sara Duterte recorded the only gains among the country’s top officials, based on Pulse Asia’s “Ulat ng Bayan” survey conducted from March 23 to 29. The survey revealed that...