Meralco fintech renews partnership with Ventaja
CIS Bayad Center, Inc. (Bayad), a pioneer in the outsourced payment collection system and a full-service fintech subsidiary of Meralco, has renewed its partnership with Ventaja International Corp., a fintech company offering remittance, loading and bills payments for both government and households powered by Bayad’s robust biller aggregator system.
Metrobank gets earnings boost from assets expansion, margins
Metropolitan Bank & Trust Co. said Friday asset expansion, better margins and increased non-interest income drove net income in the first nine months 36 percent higher to a record-high P31.8 billion.
Cemex net loss widens in 3Qon lower prices, sales volume
Cemex Holdings Philippines Inc., a listed cement manufacturer, said Friday rising operating cost and lower cement sales in the third quarter resulted in a wider net loss of P583 million compared with a P552 million loss in the same period last year.
$9.67 billion funds left Ph over nine months
Foreign investors, the short-dated variety in this case, proved skittish in the first nine months this year when they pulled out $9.67 billion worth of investments and left for elsewhere, according to the Bangko Sentral ng Pilipinas.
DOE rules out power outages during Barangay, SK elections
The Department of Energy (DOE) assures the public of the availability of power supply across the country before, during and after the scheduled Barangay and Sangguniang Kabataan elections on Monday.
