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The Bangko Sentral ng Pilipinas (BSP) continued its push for economic inclusion and financial empowerment through its flagship Economic and Financial Learning Program (EFLP), hosting a two-day financial literacy session tailored for micro, small, and medium enterprise (MSME) owners and workers in Dasmariñas City.

Senate President Francisco Escudero and House Speaker Martin Romualdez successfully retained their leadership positions as the 20th Congress that was convened on Monday, following...

UnionBank of the Philippines, the country’s 10th largest lender by assets, said it maintained its strong topline momentum in the first half, reporting total revenues of P39.7 billion, a 9.2 percent increase year-on-year. The growth was largely driven by higher net interest income and an expanded fee-income base, reflecting the bank’s solid performance across key areas.

Philippine National Bank, the country’s 8th lender by assets, posted a net income of P12.5 billion for the first half, a 22 percent increase driven by sustained improvements in core revenues. The revenue gains were primarily fueled by net interest income and net service fees and commissions. 

Megaworld Corp., the property development arm of billionaire Andrew Tan, said it raised P1.71 billion from the sale of 84.8 million shares of its real estate investment trust MREIT, Inc. The shares were priced at P13.82 per share.