Ayala-led ACEN Corporation and its partner-firms have signed financial agreement with Asian Development Bank (ADB) and other lenders for their 600-megawatt Monsoon wind farm project estimated to cost over $1 billion in Sekong and Attapeu provinces in Laos. According to ACEN, ADB is the lead arranger...
The Marcos administration's economic team will be in the United States (US) this week to paint a resilient, fast-growing, open, united, and politically stable Philippines on the sidelines of the World Bank-International Monetary Funk (WB-IMF) Spring Meetings in Washington, D.C. *Malacañang photo*...
To everyone’s dismay, history repeated itself. Before we had Madoff, the subprime credit crisis, and other bank and investment officers stealing as well as losing millions of investors’ money in unauthorized trades including large, undisclosed fees. Obviously, Enron’s illegal history lingers...
Former Senate President Franklin Drilon (Senate PRIB) Former Senate President Franklin Drilon on Monday, April 10 said the President already has the power under the GOCC Governance Act to direct the merger of the state-owned Land Bank of the Philippines (LBP) and the Development Bank of the...
WASHINGTON, United States (AFP) -- The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability....
The House minority bloc won't oppose the planned merger of the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) for as long as Filipino farmers and fishermen won't get left out in the cold. 4Ps Party-list Rep. Marcelino Libanan (Facebook) This was the simple...
Bank of the Philippine Islands (BPI) will be holding its annual meeting of stockholders virtually via [http://www.ayalagroupshareholders.com/](http://www.ayalagroupshareholders.com/)  on April 27, 2023, Thursday at 9:00 a.m. A copy of the official announcement published in...
Bank of the Philippine Islands (BPI) will be holding its annual meeting of stockholders virtually via [http://www.ayalagroupshareholders.com/](http://www.ayalagroupshareholders.com/)  on April 27, 2023, Thursday at 9:00 a.m. A copy of the official announcement published in...
German theoretical physicist Albert Einstein once said, “Strive not to be a success, but rather to be of value.” If everyone chose to be more conscientious and put more effort in providing value to the group they are with, especially when working for a company, then success will surely be next....
A good idea. That's how Albay 2nd district Rep. Joey Salceda described the proposal from Malacañang to merge government financial institutions (GFIs) the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP). Salceda said in a statement Wednesday afternoon, March 29,...
Land Bank of the Philippines is poised to overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders. Finance Secretary Benjamin E. Diokno said the government will merge the Development Bank of the...
President Ferdinand "Bongbong" Marcos Jr. is keen on merging the Development Bank of the Philippines (DBP) and the Lank Bank of the Philippines (Land Bank), which he called as a game changer amid recent financial developments abroad. Marcos presided over a meeting with the economic team on Tuesday,...
