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Loan growth drives BPI Q1 profit, margin gains

Banking & Insurance Context.ph Context.ph -
Bank of the Philippine Islands (BPI) posted a solid start to 2026, with first-quarter net income rising to P16.9 billion, up 1.7 percent year-on-year and 4.9 percent quarter-on-quarter, supported by stronger lending, wider margins, and resilient fee income.

Lopez feud sparks fight over costly poison pill

Corporate Context.ph Context.ph -
A widening family rift inside Lopez Inc. is escalating into a high-stakes corporate battle over provisions that could force listed power generation firm First Gen Corp. to sell key energy assets at a steep discount, potentially wiping out nearly P24 billion in value.

Philippine Blockchain Week 2026 to showcase real-world tech applications

Communications & Technology Context.ph Context.ph -
The Philippine Blockchain Week 2026 will take place from June 19 to 21 at the SMX Convention Center Manila, highlighting how blockchain technology is now being used in real-world systems.

BPI flags limited risk amid Middle East tensions

Banking & Insurance Context.ph Context.ph -
Jaime Augusto Zobel de Ayala, chairman of Bank of the Philippine Islands (BPI), said the lender is closely tracking the escalating crisis in the...

ASEAN pushes stronger financial health safeguards amid digital risks

Economy Context.ph Context.ph -
Senior officials from Association of Southeast Asian Nations (ASEAN) central banks, together with development partners and private sector leaders, convened on April 9, 2026, in a high-level virtual roundtable to urgently address financial health across the region.
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Asialink opens ₱100 million capital pipeline

Banking & Insurance 0
Asialink Finance Corporation (AFC) has expanded its financing support with the introduction of the GrowBiz Loan, a new program designed  for businesses that offer medium enterprises access to up to ₱100 million in funding. This seven-year term program represents a five-fold increase in maximum loan amount and a two-year repayment extension compared with the company’s existing Real Estate Mortgage Loan capped at ₱20 million over only five years.

MGEN says Terra Solar 2 project remains preliminary

Energy & Mining 0
Meralco PowerGen Corp. (MGEN) said its proposed Terra Solar 2 project remains in the early stages of evaluation, tempering earlier reports of a potential expansion of its large-scale renewable energy portfolio.

Manulife Philippines names Santos operations chief

Corporate Bulletins 0
Manulife Philippines has appointed Erica Jurilla Santos as chief operations officer, effective Sept. 15, as the insurer moves to strengthen operational capabilities and accelerate business transformation.

MREIT secures SEC nod for P27B asset deal

Corporate 0
MREIT Inc., the real estate investment trust of Megaworld Corp., has secured Securities and Exchange Commission approval for its P27-billion Wave 5 property-for-share swap, clearing the way for its largest asset acquisition and pushing assets under management to about P122 billion.
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