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Wheein of Mamamoo to stage 1st Manila solo concert in April
Korean singer Wheein of the girl group Mamamoo is holding her first-ever solo concert in the Philippines this April......»»
Security Bank, Lazada launch LazMall flagship store
Security Bank Corp. has partnered with e-commerce platform Lazada Philippines to offer its retail banking products and services to online shoppers......»»
‘Economy may grow above 6% in Q2’
The Philippine economy may grow to above six percent in the second quarter mainly due to base effects and improved government spending, according to British banking giant HSBC......»»
RCBC introduces new digital payroll portal
Rizal Commercial Banking Corp. (RCBC) has launched a digital payroll portal and other innovative digital-based solutions to improve payroll systems and address payroll issues experienced by the banking public......»»
DOF sticks with P4.3 trillion revenue goal
The Department of Finance is keeping its P4.3-trillion revenue target for the year, banking on non-tax measures even amid less optimistic expectations on overall economic expansion......»»
BSP seen defending peso at below 58:$1
The peso has been a “clear laggard” among Asian currencies against the dollar recently, which may prompt the Bangko Sentral ng Pilipinas (BSP) to defend the local unit and keep it below the 58 to $1 level, according to British banking giant HSBC.....»»
Banking, power, property drive up FDC profit
Strong contributions from the banking, power and property businesses fueled a double-digit earnings growth for Filinvest Development Corp. in the first quarter......»»
LTG delivers steady profit
LT Group Inc. of taipan Lucio Tan posted a slight improvement in its profit in the first quarter as strong performances from its banking and beverage units were weighed down by lower earnings contributions from other businesses......»»
Investment banker named Converge CFO
Broadband provider Converge ICT Solutions Inc. has tapped the expertise of seasoned banking and investment executive Robert Leo Yu to serve as its chief finance officer......»»
Citi sees shallow rate cuts in 2024, 2025
Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks......»»
Montinola resigns as independent director of RCI
Retired banking executive Aurelio Montinola III has resigned as independent director of Roxas and Co. Inc. (RCI) after seven years following the purchase of shares in the company by a firm chaired by his wife......»»
IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstanding
Indian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole banking ventures. Gross NPA reduced to 3.90% by December 31, 2023......»»
Eastern Communications grows market share to 6 percent
Eastern Communications is banking on the growing demand for corporate connectivity to further increase its market share, as it plans to maximize new assets to attract customers in underserved areas......»»
BPI Customers Experience Transaction Delays Due to High Weekend Activity
Bank of the Philippine Islands (BPI) customers faced delays in essential banking services due to a surge in weekend transactions, primarily tax payments, today, April 16, 2024. In a Facebook post, BPI said that their services which include ATM withdrawals, CAM deposits, Debit Card purchases, BPI app, BPI online, and the use of BPI online […].....»»
China Bank Savings profit hits record high in 2023
The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»
Peso may outperform peer currencies this year
The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»
SSS taps Metrobank to manage P1.5 billion fund
Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»
ANZ: Helping conglomerates cross borders
In this era of multilateralism where corporations including Philippine conglomerates have become multinationals or are aspiring to go outside the local market, a global banking and financial services company continues to support customers with their expansion plans......»»
HSBC bullish on Philippine economy
British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»
ANZ: Helping conglomerates cross borders
In this era of multilateralism where corporations including Philippine conglomerates have become multinationals or are aspiring to go outside the local market, a global banking and financial services company continues to support customers with their expansion plans......»»