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BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
First Metro thinks PSEi could hit 7,500 this year
First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»
Rider dies after hitting street gutter in Lapu-Lapu City
Rider dies after hitting street gutter in Lapu-Lapu City.....»»
BPI, DSWD teach 4Ps beneficiaries how to save
BPI, DSWD teach 4Ps beneficiaries how to save.....»»
BPI, DSWD teach 4Ps beneficiaries how to save
BPI, DSWD teach 4Ps beneficiaries how to save.....»»
BPI, DSWD teach 4Ps beneficiaries how to save
BPI, DSWD teach 4Ps beneficiaries how to save.....»»
BPI, DSWD teach 4Ps beneficiaries how to save
BPI, DSWD teach 4Ps beneficiaries how to save.....»»
BPI to hold annual stockholders meeting on April 23
Notice is hereby given that the annual meeting of stockholders of Bank of the Philippine Islands (BPI) will be conducted virtually on April 23......»»
Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says
Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says.....»»
BPI unit targets to onboard more wealthy clients
The wealth management arm of Ayala-led Bank of the Philippine Islands (BPI) aims to onboard more clients with high to ultra-high net worth by the end of the year......»»
BPI strengthens partnership with ACEN to promote renewable energy
BPI strengthens partnership with ACEN to promote renewable energy.....»»
BPI AIA named best life insurer in Philippines
BPI AIA Life Assurance Corp. has been recognized as the best life insurance company in the Philippines......»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
Leyte sets aside P20-M for Covid-19 vaccines
ACQUIRING VACCINES. Leyte Governor Leopoldo Dominico Petilla is shown during a meeting on Dec. 11, 2020. The provincial government of Leyte has initially allocated PHP20 million for the procurement of Covid-19 vaccines once it is available in the market, Petilla said on Monday (Dec. 21, 2020). (Photo courtesy of the Leyte provincial government) TACLOBAN CITY […].....»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
Government t sees more revenue from e-cigarette taxes
The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»
LeBron James becomes first player to score 40,000 points
LOS ANGELES (Reuters) – LeBron James on Saturday became the first NBA player to score 40,000 career points, hitting a scoop layup off the glass in the second quarter of the Los Angeles Lakers home game against the Denver Nuggets. James, who entered the game needing nine points to reach the milestone, used a spin.....»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Mavy Legaspi sees no problem with Darren Espanto, Kyline Alcantara shipping
Kapuso actor Mavy Legaspi sees no problem with former love team partner Kyline Alcantara being "shipped" or teased with Darren Espanto......»»