The International Finance Corporation (IFC), a member of the World Bank, has agreed to invest $250 million in a green bond to be issued by Bank of the Philippine Islands (BPI) of the Ayala Group. In a disclosure to the Philippine Stock Exchange, BPI said this is the biggest deal IFC has done with a...
San Miguel Corporation’s (SMC) affiliate Bank of Commerce (BankCom) booked a 79 percent jump in net profit to P1.59 billion in the first semester of 2023 from the P886.91 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said the results were...
The local stock market is seen to open the week with some bargain-hunting following last week’s steep drop although investors will also be taking cues from the release of the Philippines’ second quarter economic growth data as well as the US July inflation numbers. “Given the steep decline...
Philippine upstream company PXP Energy Corporation is now coming to terms with the idea that the resumption of exploration at the Recto Bank prospect will rely on the political decision of the national government (NG), primarily considering the diplomatic alliances of the administration with global...
Baguio City will witness a momentous event that blends history and sportsmanship. The inaugural Victory Day Ride spearheaded by the Philippine Veterans Bank (PVB) on September 3 will take cycling enthusiasts and history afficionados on a journey to honor the sacrifices of World War II veterans and...
Typically, to receive their payroll, employees have to visit a bank branch, fill up application forms, create the account, and come back for the ATM card after several days. All of this is very inconvenient which can translate to dissatisfaction with their company so early in their employment....
Less than a year into its Philippine operations, GoTyme Bank scored a twin win at the 18th Asian Banking and Finance (ABF) Retail Banking Awards recently held on July 25, 2023 at the Marina Bay Sands in Singapore. GoTyme Bank was named the Debit Card Initiative of the Year, for having the best...
> You don’t have to play masculine to become a strong woman—Mary Elizabeth Winstead, actor. Time and time again, women proved that they can significantly and positively impact the world when given the right opportunities and platforms. To honor these women who go beyond the call of duty in...
A few weeks ago, I attended an event where a prominent developer unveiled its ambitious plan for the next five to 10 years, with a focus on creating massive townships located in Cavite and Laguna. Additionally, another major developer has set its sights on a township in Pampanga, projected to...
Senator Sherwin Gatchalian has sought a Senate inquiry into the proposed merger between the Landbank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) which is likely to be finalized by the middle of 2024. ...
There’s been a lot of criticism over the government’s Public Utility Vehicle Modernization Program (PUVMP), particularly when it comes to acquiring the said modern jeepneys. Granted, any public transport operator would jump at the chance to acquire new, more efficient, more...
BUTUAN CITY – The Police Regional Office-13 launched the PNP Help and Foodbank at the PRO-13 headquarters in Camp Rafael C. Headquarters here on Saturday, July 22. The launching of the PNP Help and Foodbank project was in partnership with the stakeholders and members of the Advocacy Support...
