Metropolitan Bank & Trust Co., the country’s largest lender, said Tuesday that nine-month net income rose 12 percent to a record P35.7 billion, driven by robust asset expansion, a recovery in non-interest income, and improved asset quality.
The average rate on Treasury bills (T-bills) were higher at Monday’s auction, with strong demand amid concerns over inflation and rising tensions in the Middle East.
Weather bureau PAGASA said Severe Tropical Storm Leon (international name Kong-Rey) may intensify to Typhoon Category, but landfall may be limited to the Batanes...
Maynilad Water Services Inc. has signed a memorandum of understanding (MOU) with the Caloocan local government unit (LGU) to enhance water management and minimize water loss over the next three years.
The Manila Electric Co. (Meralco) on Monday announced a robust 17 percent increase in core net income for the first nine months of 2024, reaching P35.1 billion versus only P30.02 billion in the same period last year.
The Bangko Sentral ng Pilipinas has denied central bank registration to five entities found operating as money service businesses without prior authorization. Under strict regulatory measures, the Monetary Board declared the five establishments disqualified from registering or legally operating in the country.
With the 49th ASEAN Summit set for November 16–18, 2026, the Civil Aeronautics Board (CAB) is advising the public and airlines to brace for possible flight schedule changes, airport adjustments, and heavier traffic around key areas.
The Bank of the Philippine Islands (BPI) is set to expand its sustainability efforts and mark a major milestone in its corporate history with a proposed ₱5-billion bond offering. Dubbed the BPI SIBOL Bonds, this issuance serves as the third tranche under the bank’s broader ₱200-billion bond and commercial paper program, with an option to increase the offer size based on demand.
In a historic move, top central bankers, climate scientists, and business leaders from around the globe converged at the Philippine International Convention Center on October 19, 2026, for the first-ever Green Swan Conference held outside Switzerland.