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ALI spending P100 billion for projects this year
Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»
Next generation of Ayala leaders step into the spotlight at media party
Mariana and Jaime Alfonso Zobel, together with their cousin Jaime Urquijo, meet some members of the Philippine press in the inaugural media night by the Ayala Group.....»»
Flagship Ayala companies on tight budget this year
The Ayala Group is slashing its capital expenditures for the second year in a row, as its flagship property and telco segments cut their respective budgets to maximize existing assets......»»
4 Ayala malls up for renovation
Ayala Land Inc. is redeveloping and renovating four of its famed shopping districts as part of the group’s transformation journey......»»
Ayala Group to put a little focus on cold storage logistics
Ayala Corp confirmed a report that quoted AC Chairman Jaime Zobel as saying that AC “can make a difference” by building cold storage facilities and developing a network of “cold transport” and “cold chain improvement structures”......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
Mga unconsolidated jeepney kolorum na – DOTr
Simula ngayong Mayo 1, kolorum na ang mga jeepney na hindi nakapag-consolidate bago natapos ang deadline nitong Abril 30, ayon sa Department of Transportation (DOTr). The post Mga unconsolidated jeepney kolorum na – DOTr first appeared on Abante......»»
DOF completes team of senior officials
Three months since his appointment, Finance Secretary Ralph Recto has finally assembled a complete team that would help him consolidate the country’s finances and generate much needed revenues for state coffers......»»
Davao City jeepneys won’t be affected by PUVMP consolidation, says LTFRB exec
DAVAO CITY (MindaNews / 15 January) – Public utility jeepneys in this city will not be affected by the ongoing efforts to consolidate jeepney drivers and operators under the Public Utility Vehicle Modernization Program (PUVMP), which the government is implementing in the hopes of modernizing public transportation in the country, an official of the Land […].....»»
Drivers, operators of unconsolidated PUVs have options – OTC
t is the not the end of the line for public utility vehicle operators and drivers who were not able to consolidate or apply for consolidation of their franchises before the Dec. 31 deadline, as they still have options to sustain their livelihood, the Office of Transportation Cooperatives said yesterday......»»
UnionBank income plummets in Q1
Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»
Philippine Business Bank seeks universal banking license
Yao-led Philippine Business Bank is looking at obtaining a universal banking license from the Bangko Sentral ng Pilipinas as early as this year......»»
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»
PSE EASy platform now accepts online banking for payment of IPO subscriptions
The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»
Annual stockholders meeting of China Banking Corporation slated in April
China Banking Corporation (Chinabank) will conduct its annual stockholders' meeting in a hybrid format, a combination of in-person and remote attendance, on April 18, 2024, Thursday at 4 p.m......»»
China Banking Corporation to hold annual stockholders meeting in April
China Banking Corporation (Chinabank) will conduct its annual stockholders' meeting in a hybrid format, a combination of in-person and remote attendance, on April 18, 2024, Thursday at 4 p.m......»»
BSP explores impact of Gen AI in banking
The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»
Bunye: The current state of Philippine banking
Bunye: The current state of Philippine banking.....»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
PEZA, SMBC, RCBC partner to attract Japanese investments
The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»