Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
Mutya Orquia is set to headline new episodes of the educational series “Estudyantipid,” a student-focused program that aims to teach practical financial literacy lessons to young Filipinos amid growing concerns over online scams and poor money management habits among youth. The new batch of...
Let’s get away from the telenovela drama of the Senate with its shifting power dynamics and lingering public doubt and growing dismay—as well as the choppy trend in the cost of crude oil per barrel in the international market and its trickle-down negative effects on our way of life. Not that it...
A fire was reported at a commercial building occupied by a branch of the Bank of the Philippine Islands along Kamias Road near EDSA in Barangay Pinyahan, Quezon City, Metro Manila on Thursday evening, May 21, 2026. Firefighters were immediately dispatched to the area to put out the blaze. The fire...
Global debt watcher Moody’s Ratings affirmed the deposit ratings of the Philippines’ largest lenders—Sy-led BDO Unibank Inc. and Ayala-led Bank of the Philippine Islands (BPI)—citing their strong profitability, solid asset quality, and ample liquidity buffers. Both lenders maintained their...
The Philippines expanded its rice importation by 18 percent to 1.7 million metric tons (MT) during the first four months of 2026 as the government looks to bolster the supply of the commodity amid expectations of lower output in the coming months. The latest Bureau of Plant Industry (BPI) data...
Microfinance lender BPI Direct BanKo Inc., A Savings Bank (BanKo), the microfinance arm of Ayala-led Bank of the Philippine Islands (BPI), is spotlighting the growing role of Filipino mothers in driving grassroots entrepreneurship and local economic activity. Among them is Madelyn Nayre of Barangay...
The Philippine central bank faces an intensifying divide among private-sector economists over the trajectory of borrowing costs, with a lone dissenting voice branding recent monetary tightening as “misguided” following the sharp slowdown in economic output. While a majority of analysts maintain...
Local monetary authorities face the growing challenge to stabilize surging consumer prices as the initial pass-through of global oil inflation threatens to push the headline rate into double digits by the fourth quarter of the year. The mounting risk that inflation expectations could become...
Ayala-led Bank of the Philippine Islands (BPI) is teaming up with The Walt Disney Co. to launch a series of themed financial products and travel perks, the first time a Philippine lender has integrated multiple Disney business segments into its consumer offerings. The BPI-Disney collaboration,...
Private sector economists are split over whether the Bangko Sentral ng Pilipinas (BSP) will raise interest rates this week, as the need to anchor inflation expectations and defend the peso battles concerns over the fragile economic recovery. Of 10 economists surveyed, five expect a 25-basis-point...
The Philippines has launched a safeguard investigation into rice imports, as authorities move to assess whether a surge in inbound shipments is harming domestic farmers of the country’s primary food staple. In an April 15 notification to the Geneva-based World Trade Organization (WTO), the...
