Aboitiz Renewables Inc., through its wholly-owned subsidiary AP Renewable Energy Corp. (APREC), has signed a P7.4-billion project finance agreement with the Bank of the...
Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC).
Bank of the Philippine Islands (BPI) reported a net income of P33 billion for the first half of 2025, up 7.8 percent from P30.6 billion a year ago, as strong lending activity and higher margins lifted revenues despite rising costs and provisions.
The Bank of the Philippine Islands, the country’s third largest lender by assets, has listed its P40 billion Supporting Inclusion, Nature, and Growth (SINAG)...
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.
The House of Representatives’ justice committee on Wednesday, February 4, junked two impeachment complaints against President Ferdinand Marcos Jr., saying the petitions failed to sufficiently establish impeachable offenses. The dismissal effectively grants Marcos a one-year immunity from impeachment, as the Constitution allows only one proceeding against an official per year. The complaints, separately endorsed by Pusong Pinoy Rep. Jett Nisay and the Makabayan bloc, faulted the President for flood control failures and budgetary problems. The Makabayan-backed petition went further, alleging systemic corruption through a “BBM parametric formula,” abuse of unprogrammed funds, and Marcos’ alleged direct role in kickbacks.
Japan and the Philippines have agreed in principle to replace their existing tax treaty, marking the first major update to the agreement in nearly 20 years.
Rizal Commercial Banking Corp. (RCBC) emerged as a standout at the 61st Anvil Awards, securing multiple recognitions for communication programs that reinforce its push for financial inclusion, sustainability, and digital transformation.