Metrobank supports ACEN renewable energy expansion program with P5B loan
Metropolitan Bank & Trust Co. (Metrobank), one of the country’s largest, has signed a P5 billion loan with ACEN, the listed energy platform of the Ayala group, to fund renewable energy expansion projects across the country.
RCBC net income lower as expenses rose faster
Rizal Commercial Banking Corp. said Tuesday net profit in the nine months declined to P9.03 billion from P10.06 billion in the year-earlier period, hurt by the faster growth in expenses.
Strong performance of various units drive earnings of San Miguel higher
San Miguel Corp., a diversified investment holding company, said Tuesday net profit in the nine months through September was almost 1.5 times higher at...
Treasury bill yields ease at auction as inflation slows; bids total P15B
The Bureau of the Treasury (BTr) awarded the entire P15 billion borrowing program for treasury bills at the auction on Monday as yield declined after inflation decelerated in October.
‘I quit school to raise my eldest child’
Agriculture Secretary Francisco Tiu Laurel, Jr. on Monday set the record straight on his educational background amid erroneous reports claiming he is a graduate of the University of Santos Tomas (UST), saying he quit school to raise his eldest child.
