Ayala-led Bank of the Philippine Islands (BPI) reported a strong first-quarter net income of ₱16.6 billion, a nine percent increase year-on-year, driven by higher revenues that surpassed increased operating expenses and provisions for losses. In a statement, the bank said its net income reached...
The Philippine Deposit Insurance Corp. (PDIC) has enhanced and extended its closed bank loan incentive program (CLIP) in 2025 to enable more borrowers from closed banks to manage their debts and avoid foreclosure. In a statement, PDIC said the offering, now known as CLIP 3.0, has increased...
Philippine Coast Guard personnel rescue 506 passengers from MV Lite Ferry 5 after the ship ran aground off Jagna Port in Bohol on April 19, 2025. (Photo: PCG) A potential grim maritime accident was averted this Holy Week thanks to the quick response of Philippine Coast Guard (PCG) personnel who...
The Philippine National Police (PNP) created a special committee that will address the prevalence of fake news, especially those related to peace and order and national security. PNP chief Gen. Rommel Francisco Marbil said the new task group, the Joint Anti-Fake News Action Committee...
Philippine Iron and Steel Institute (PISI) is urging the Department of Trade and Industry (DTI) to address the prevalence of substandard steel products in hardware stores across the country, citing the potential threat of earthquakes such as the “Big One” that could hit Metro Manila. In an...
Lopez Holdings Corp. reported a 123-percent surge in attributable net income to ₱6.34 billion last year, from the ₱2.85 billion earned in 2023, due to a lower equity share in the net losses of broadcast giant ABS-CBN Corp. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
The Lugtu family’s Asialink Finance Corp. has been given an issuer credit rating of PRS A plus (corp.) with a stable outlook by Philippine Rating Services Corp. (PhilRatings). PhilRatings noted that Asialink, reportedly one of the fastest-growing financing companies in the Philippines with 192...
Ako Bicol Party-list Rep. Zaldy Co (Facebook) Ako Bicol Party-list Rep. Zaldy Co has joined of the chorus of those praising the Philippine National Police (PNP) for the arrest of three suspects linked to the kidnapping and murder of...
The kidnap-slay of businessman Anson Que was not a random act of kidnap-for-ransom but a calculated kidnap-for-hire operation, the chief of the Philippine National Police (PNP), Gen. Rommel Francisco Marbil said on Sunday, April 20. Two people were arrested and their boss, identified as...
Senator Sherwin Gatchalian on Sunday, April 20 commended the Philippine National Police (PNP) for its swift and relentless action that led to the arrest of three suspects in the heinous kidnapping and killing of Anson Que and his driver Armanie Pabillo. Three individuals are now under police...
Police investigators are now coordinating with the Anti-Money Laundering Council (AMLC) and other government agencies to conduct an extensive money trail involving around P200 million worth of cryptocurrency that was sent in multiple tranches in relation to the kidnapping of businessman Anson Que....
Tight security and public safety operations remain in place in Metro Manila and other parts of the country as millions of people, who went to the provinces for religious activity and vacation during the long Holy Week break, are expected to troop back starting on Sunday, April 20. The Philippine...
