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Metrobank posts record  9-month net income at P35.7B amid strong growth

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. 

Treasury bill rates up at Monday’s auction on inflation concern

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.

Leon may intensify to Typhoon Category

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 partners with Caloocan LGU to enhance water management

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.

Meralco poised for record performance with 17% income surge in 9 months

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.

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Central bank bars five unregistered money changers to protect consumers 

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.

ASEAN Summit 2026: flight adjustments & traffic delays expected – what you need to know 

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.

BPI marks 175-year milestone with proposed ₱5-Billion sustainable bond issuance 

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.

Global financial leaders gather in Manila to tackle growing climate risks 

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.
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