AIA PH sets up P155-B wealth management unit
AlA Philippines has launched on Thursday, Feb. 23, the company’s investment management arm in the country.
In a briefing, Kelvin Ang, AlA Philippines chief executive officer introduced AlA Investment
0评论2023-03-021049
P&G expands further in PH with P864-M new product line
PROCTER & GAMBLE (P&G) OPENS NEW DIAPER MANUFACTURING LINE IN LAGUNA Photo shows Trade and Industry Secretary Alfredo E. Pascual (center) led the ribbon-cutting ceremony together with P&G Philippine
0评论2023-03-031034
Hot money nets $292M in January
The Bangko Sentral ng Pilipinas (BSP) registered $292.12 million “hot money” net investments for the month of January, higher than December’s $92.95 million and from same period in 2022 of $14.6 mill
0评论2023-03-021032
DTI warns online platforms against violating VAPE law
The Consumer Protection Group (CPG) of the Department of Trade and Industry has sternly warned online marketplaces that sell vape products to minors amid the proliferation and marketing of these item
0评论2023-03-031021
DBP net income up 50% to P5.6 billion
State-owned Development Bank of the Philippines (DBP) full-year net income surged by 50 percent in 2022 reaching P5.61-billion compared to the P3.74-billion that it earned in 2021, as lending activit
0评论2023-03-01979
NEDA finalizes P15-T projects for Marcos approval
The National Economic and Development Authority (NEDA) said the government is finalizing a list of flagship projects worth P15 trillion that will be up for President Marcos’ approval next month.
Duri
0评论2023-03-03959
Aboitiz-led Dinginin plant negotiating for 3rd EPSA with Meralco
GNPower Dinginin Ltd. Co. (GNPD), a partnership of Aboitiz Power’s Therma Power Inc., Ayala Corporation’s AC Energy Holdings, Inc., and Power Partners Ltd., is negotiating for its third emergency pow
0评论2023-03-03938
BSP gets P10B add’l capital from gov’t
The government will infuse P10 billion as additional capital to the Bangko Sentral ng Pilipinas (BSP), raising its current P50 billion to P60 billion authorized capitalization, but still short of the
0评论2023-03-01927
BSP poised for more rate hikes — Medalla
Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla said there will be more policy rate increases this year to bring down inflation to below four percent in November or December, or at the v
0评论2023-03-03885
BSP, banks, to study cuts in costly e-payments
The Bangko Sentral ng Pilipinas (BSP) said on Thursday, March 2, that it has began the review of e-payment transactions and to study how soon it can work with both banks and non-banks in reducing e-p
0评论2023-03-03863
BSP ups bills’ auction, but undersubscribed
The central bank raised the auction volume of 28-day securities on Monday, Feb. 27 to P160 billion from the previous week’s P140 billion but it was undersubscribed with a higher yield.Bangko Sentral
0评论2023-03-01849
AyalaLand Logistics posts P1-B net income
AyalaLand Logistics Holdings Corporation (ALLHC), a subsidiary of Ayala Land, Inc. (ALI), registered a 29 percent growth in net income to P1.01 billion last year on account of resilient operations an
0评论2023-03-03801
Stocks continue downward trek
The local stock market continued to fall, weighed down by weaker US equity markets last week.The main index lost 86.56 points or 1.3 percent to close at 6,599.34 as the Services sector led the retrea
0评论2023-03-03775
Goods barometer declines further; trade to
remain weak in Q1 2023 WTO World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain weak in the first quarter of 2023, according to the late
0评论2023-03-03775
Security Bank earnings jump 53% to P10.6 B
Security Bank Corporation posted a 53 percent jump in net income to P10.6 billion in 2022, driven by growth in core businesses, lower credit provisions and normalized income tax provisions.
In a disc
0评论2023-03-01745
CPGI PHirst expands market with launches worth P15.8 B
PHirst Park Homes, Inc. (PPHI), the affordable housing unit of Century Properties Group Inc. (CPGI), is expanding into the socialized, economic, and mid-income residential markets with initial launch
0评论2023-03-03736
FNI unit to continue mining in Brooke’s Point
Ipilan Nickel Corporation (INC), a subsidiary of diversified conglomerate Global Ferronickel Holdings, Inc. (FNI), is authorized to continue mining operations at its site in Brooke’s Point, Palawan u
0评论2023-03-03710
Meralco offering scholarships for nuclear energy-related courses
To help prepare the country on its ‘nuclear renaissance ambition’, power utility giant Manila Electric Company (Meralco) is ready to offer scholarships to students and professionals who are intereste
0评论2023-03-03702
Stocks lose most of the day’s gains
Local share prices were higher but much lower than the day’s peak as investors wait for cues from economic data due in coming days.
The main index inched up 15.32 points or 0.23 percent to close at
0评论2023-03-03701
IPOPHL, P&G to intensify anti-counterfeiting
Officials at the Intellectual Property Office of the Philippines (IPOPHL) and the multinational consumer goods company Procter and Gamble (P&G) met in January 2023 to work jointly towards measures tha
0评论2023-03-03687