Tag: City Savings Bank (CitySavings)
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UnionBank profit rebounds in 2H
Union Bank of the Philippines, the country’s 10th largest lender by asseets, closed 2025 with net income of P10.0 billion, as second half earnings more than doubled, rising 108 percent from the first half. The rebound was driven largely the bank’s lending activity, including the acquired Citi consumer business, which gained traction through the year.
Corridor strategy fuels Mindanao ecozone push
A tighter alliance between Mindanao Development Authority (MinDA) and Philippine Economic Zone Authority (PEZA) is sharpening the Philippines’ countryside investment playbook.
SLCT upgrade recasts South Luzon trade
The Bureau of Customs–Port of Batangas is betting big on the expansion of the South Luzon Container Terminal (SLCT), framing it as a transformative play for Southern Luzon’s trade corridor.
Metro Manila real estate posts strong 2025 growth; steady expansion seen in 2026
Metro Manila’s real estate market recorded solid growth across offices, retail, residential, hospitality, and logistics in 2025, signaling sustained business and consumer activity, according to year-end data from Jones Lang LaSalle Philippines (JLL).
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Corridor strategy fuels Mindanao ecozone push
A tighter alliance between Mindanao Development Authority (MinDA) and Philippine Economic Zone Authority (PEZA) is sharpening the Philippines’ countryside investment playbook.
SLCT upgrade recasts South Luzon trade
The Bureau of Customs–Port of Batangas is betting big on the expansion of the South Luzon Container Terminal (SLCT), framing it as a transformative play for Southern Luzon’s trade corridor.
Metro Manila real estate posts strong 2025 growth; steady expansion seen in 2026
Metro Manila’s real estate market recorded solid growth across offices, retail, residential, hospitality, and logistics in 2025, signaling sustained business and consumer activity, according to year-end data from Jones Lang LaSalle Philippines (JLL).
New SEC guidelines set stage for stronger sukuk market
The Securities and Exchange Commission (SEC) has released new guidelines governing the issuance of Sukuk, aiming to strengthen the country’s Islamic capital market and expand Shari’ah-compliant investment options for issuers and investors.
