Banking & Insurance

Manulife Investment Management is cautiously optimistic of the Philippine equities market, underpinned by stabilizing macroeconomic indicators and signs of a post-election economic rebound. The investment firm points to aligned first-quarter corporate earnings, falling inflation, and anticipated interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) as key market drivers.

The Land Bank of the Philippines has remitted a record-high ₱33.53 billion in cash dividends to the national government this year, the highest among all government-owned and controlled corporations (GOCCs) for the second consecutive year.

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has been conferred an Honorary Fellowship by the Asian Institute of Chartered Bankers (AICB), highlighting his pivotal role in financial modernization and regional policy integration.

Insular Life (InLife), the country's largest Filipino-owned life insurance company, has completed its acquisition of 100 percent of Generali Life Assurance Philippines (Generali), marking a major corporate milestone in the country’s insurance industry.

The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.