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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......»»
Global Dominion, RCBC Capital extend financing to the unbanked and underbanked
Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»
AGI infusing P2.6 billion to Megaworld
Andrew Tan’s listed holding company Alliance Global Group Inc. is infusing P2.6 billion into its real estate arm Megaworld Corp. to support future business expansions......»»
ALLHC seeks dominance in cold storage space
AyalaLand Logistics Holdings Corp., the industrial parks and real estate logistics arm of Ayala Land Inc., has set its sights on becoming a formidable player in the cold storage space with a sustained double-digit growth eyed for the business over the medium-term......»»
Sharks pro billiards set for launch
Philippine billiards got a needed shot in the arm with the holding of the first ever professional pool league this year......»»
Sharks Billiards Association is 1st-ever pro pool league in Philippines
Philippine billiards gets a needed shot in the arm with the holding of the first-ever professional pool league this year......»»
Philippines to showcase tourism offerings at Arabian Travel Market, Seoul Int’l Travel Fair 2024
The Department of Tourism and its marketing arm, Tourism Promotions Board, are set to lead the delegation who will spotlight Philippines' tourism offerings in back-to-back travel and trade events this month......»»
Gokongwei anchor firms RLC, URC post strong Q1 earnings
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»
DragonFi unveils new app for stock trading
DragonFi Securities Inc., the stock brokerage arm of Edgar “Injap” Sia’s DoubleDragon Corp., has introduced its new mobile investing app called DragonFi 2.0 aimed at making investing easy and accessible for all Filipinos......»»
What’s next for Gary Valenciano after 4 decades in showbiz?
Gary Valenciano is marking his 40th year in the entertainment industry with a “more exciting” career ahead as he officially joined Star Magic, the ABS-CBN’s talent management arm......»»
Ayala Land unit expands Pampanga housing project
Amaia Land, the affordable housing arm of property giant Ayala Land Inc., has expanded its community in San Fernando, Pampanga as demand continues to grow......»»
Udenna food unit plans to open more Conti’s, Wendy’s stores
Udenna Group’s food arm is planning to open six Conti’s Bakeshop & Restaurant stores and 15 Wendy’s Philippines stores in the country this year......»»
PNOC-EC awaits results of DOE review on deals
MANILA – PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration arm of state-owned Philippine National Oil Co., is awaiting the results of the Department of Energy’s (DOE) review of all petroleum service contracts before it proceeds with the development of the Camago-Malampaya Oil Leg in northwest Palawan......»»
SPi Global to hire more BPO workers
MANILA – SPi Global, the business process outsourcing arm of the Philippine Long Distance Telephone Co., will employ more Filipinos to support its projected 14-percent revenue growth in 2011......»»
Faster inflation could delay interest rate cuts – BDO
Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»
PLDT puts up new unit for data centers
Telco leader PLDT Inc. has formed a new unit under its technology arm, delegating it with the task of building and operating data centers......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»
AboitizPower names new president
Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»