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New toll road concession in Indonesia awaits MPTC

Metro Pacific Tollways Corp. expects to land within this month the contract for its largest project outside the Philippines, completing its entry in an expressway used by about 900,000 vehicles every day......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

El Niño to slash coconut oil exports

The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Market extends winning streak

Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

NBI-Davao seizes illegal ‘butane’

THE National Bureau of Investigation - Southern Mindanao Regional Office (NBI-Semro) seized around 900 illegally refilled LPG canisters commonly known in the market as “butane” during a buy-bust operation at the Bankerohan Public Market in Davao City on Monday morning, February 19, 2024......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Market rally at risk from profit takers

Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Martial law architect Enrile gets Malacañang birthday bash, P100k cash gift

During his birthday celebration at Malacañang, Enrile, who earns around P189,00 to P211,900 (Salary Grade 30) as chief state counsel, was also handed a centenarian gift of P100,000 by the Department of Social Welfare and Development. .....»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Genshin Impact announces first Asia TCG Invitational

HoYoverse’ popular game title, Genshin Impact, has announced the first Genius Invokation TCG (trading card game) Asia Invitational, which will take place from January 11-21 with a prize pool of $69,900 (approximately P3.9 million)......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

Philippines becomes first Asian country to ratify ILO convention

MANILA, Feb. 23 (Xinhua) -- The Philippines has been the first Asian country to ratify a convention to end workplace violence and harassment, the International Labor Organization (ILO) said Friday. The ILO said that the Philippines deposited the instrument of ratification of the Violence and Harassment Convention 2019 (No. 190) with ILO Deputy Director-General Celeste Drake on Tuesday. By depositing the i.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

Philippines becomes first Asian country to ratify ILO convention

MANILA, Feb. 23 (Xinhua) -- The Philippines has been the first Asian country to ratify a convention to end workplace violence and harassment, the International Labor Organization (ILO) said Friday. The ILO said that the Philippines deposited the instrument of ratification of the Violence and Harassment Convention 2019 (No. 190) with ILO Deputy Director-General Celeste Drake on Tuesday. By depositing the i.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 23rd, 2024

Robinsons Land raised P8.5-B in RCR block sale

Robinsons Land sold just over 1.725 billion shares of RL Commercial REIT [RCR 5.01 ?3.5%; 143% avgVol] in an overnight block sale after initiating a private sale process with BPI Capital......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Maroons gain new backer, head overseas for UAAP buildup

The UP Fighting Maroons received a big boost in their UAAP Season 87 men’s basketball buildup as BPI joined the list of backers for the Diliman-based team earlier this month......»»

Category: sportsSource:  philstarRelated NewsMar 29th, 2024

BPI sells shares in GoTyme Bank

The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

BPI readies issuance of dollar bonds

The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

4Ps beneficiaries learn digital financial literacy from experts

Some 58 Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries learn the importance of digital literacy and savings during the pilot implementation of the 4Ps Digital Financial Literacy Program on Saturday (February 24) at the DSWD Central Office Auditorium, Quezon City. Resource speakers from Landbank of the Philippines (LBP), Bank of the Philippine Islands (BPI) Foundation, and […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

BPI lends fresh P7 billion to Home Credit Philippines

Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

BPI renews alliance with Mizuho Bank

The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

BPI eyes return to debt markets in 1st half

Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

BPI profit hits record high P51.7 billion in 2023

“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Banks ease exposure in real estate in 2023

The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Philippines gross int l reserves level settles at 103.4 bln USD in April

MANILA, May 7 (Xinhua) -- The Philippines' gross international reserves (GIR) decreased to 103.4 billion U.S. dollars at the end of April from 104.1 billion dollars at the end of March, the Philippine central bank said Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024