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Saturday, 16 August 2025, 11:39 pm

    Banking & Insurance

    UnionDigital Bank promotes the adoption of embedded banking in Phl

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    Aboitiz-led UnionDigital Bank president and chief executive officer Henry Aguda shared success stories and use cases on significant advancements made in embedded banking in the Philippines.

    PNB 2022 net income dropped 63% on lower one-off gains

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    Philippine National Bank said Monday net income last year dropped 63 percent year-on-year to P11.6 billion, with the double-digit growth in total operating income not enough to cover the one-off gains from properties-for-shares swap booked in 2021.

    Customs on track to hit Q1 collection goal

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    The Bureau of Customs (BOC), the government’s second largest tax unit, is on track to meet its first-quarter collection target on the back of better tax compliance.

    Filinvest eyes loans from Landbank for various projects

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    Gotianun-led Filinvest Group of Companies is tapping state-run Land Bank of the Philippines to finance the conglomerate’s business ventures in real estate, power and...

    BSP reiterates Philippine banks have no exposure to failed US banks

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    The Bangko Sentral ng Pilipinas (BSP) on Friday reiterated that Philippine banks do not have any material exposure to the collapsed Silicon Valley Bank...
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    Context.ph

    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Abacore Capital reports 15% profit surge in 2024

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    Abacore Capital Holdings Inc. (PSE: ABA) reported a strong financial performance for 2024, with net income rising to ₱3.293 billion, up ₱429 million or nearly 15 percent from ₱2.864 billion in 2023. The company attributed this growth to a 35 percent increase in other income (₱3.458 billion), a reduction in administrative expenses to ₱155 million, and dividend income reaching ₱7.3 million.
    Banking & Insurance

    BSP unveils art exhibit on culture and capital

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    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.
    Corporate Bulletins

    Public-private pact powers Bacolod Rum Festival

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    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.
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