Bankers elect BPI prexy as BAP president
Bank of the Philippine Islands president TG Limcaoco has been elected to lead the Bankers Association of the Philippines (BAP) amid uncertainties brought about by elevated inflation and the banking crisis in the US and Europe.
NAC capex for mining biz up by 80 percent
Nickel Asia Corp. (NAC) has set aside as capital expenditure for its mining business this year P4.5 billion, up 80 percent from last year's P2.5 billion.
BPI to acquire Diamond Group’s auto leasing, rental services providers
A joint venture between Ayala-led bank of the Philippine Islands and Tokyo Century Corp. (TCC) is acquiring the auto leasing and rental services business of the Diamond Group that will transform fleet management in the Philippines.
Meralco secures one-year EPSA from San Miguel power unit
The Manila Electric Co. (Meralco) has obtained a one-year emergency power supply agreement (EPSA) with San Miguel Corporation’s South Premiere Power Corp. (SPPC) for...
Ayala Land sells Areit shares at a discount
Property developer Ayala Land Inc. on Wednesday sold 205 million shares of Areit Inc. at P32.10 per share, equivalent to P6.58 billion.
