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Gabby Lopez sells Lopez Inc. stake to Ramon Ang

Eugenio “Gabby” Lopez III on Monday said his family branch sold its 25.7-percent stake in Lopez, Inc. to businessman Ramon S. Ang, reshaping the ownership of one of the Philippines’ best-known family business groups while potentially drawing a line under a long-running family dispute.

Eala exits Toronto; win streak ends at 7

A gloomy Monday morning in Manila got a little gloomier. Alex Eala ended he stirring run at the National Bank Open in the Round of 16, where the 21-year-old Filipina fell to former champion and World No. 14 Belinda Bencic, 6-4, 6-0, in Toronto.

BSP summit advances responsible AI adoption

The AI in Financial Services Summit held at the Bangko Sentral ng Pilipinas (BSP) complex brought together financial regulators, banking leaders, and technology professionals to promote the responsible development and use of artificial intelligence.

VYBE teams up with But First, Coffee for rewards and anniversary special

Coffee lovers get great perks when paying with VYBE by BPI at But First, Coffee. From July 15 to September 30, 2026, spend at least ₱150 in one receipt, pay via QR Ph with VYBE, and get a free drink plus 100 BPI Rewards Points at over 237 branches nationwide. Present your transaction confirmation to claim your reward.

GSIS opens emergency loans for Maymay, Habagat victims

The Government Service Insurance System (GSIS) will offer emergency loans to members and pensioners affected by Tropical Storm Maymay and enhanced Habagat rains, once affected areas are placed under a state of calamity.

Just in

FDI drops in first five months of 2026 as global capital tightens 

Foreign direct investments flowing into the country slowed during the first five months of 2026, marking a notable drop compared to the same period last year.

Mitsubishi targets bigger market, plans P7B EV investment

Mitsubishi Motors Philippines Corp. is preparing for a bigger Philippine footprint, betting on locally produced hybrid vehicles, higher factory output, and stronger sales as it seeks to turn the country into a more important production and export base.

Meralco power rates fall slightly on refunds

Electricity rates for Manila Electric Co. customers will edge lower in August as a P9.5-billion regulatory refund offsets higher transmission, tax, and other pass-through charges.

PDIC seeks reforms after P1M coverage hike

The Philippine Deposit Insurance Corp. is pushing sweeping legislative reforms to modernize the country’s deposit insurance system, including broader coverage, faster claims payment, and new powers to contain financial crises.
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