Tag: Bank of the Philippine Islands

Federal Land Inc. is expanding its residential footprint in Bonifacio Global City with the opening of Aki Tower, the third residential tower of The Seasons Residences, as demand builds around the mixed-use district.

Cash sent home by overseas Filipino workers rose to 3.24 billion U.S. dollars in July 2026, marking a 1.9 percent growth compared to the 3.18 billion U.S. dollars recorded in the same month last year. The increase reflects a steady, upward trend that continued through the first seven months of the year, signaling enduring financial support from overseas workers despite global economic uncertainties.

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.

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.