Tuesday, 03 February 2026, 4:58 am

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    BPI sets record 9-month net income on sustained loan, margin expansion

    Bank of the Philippine Islands said Thursday hit a historical high for nine-month net income on the back of sustained loan and interest margin...

    Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory

    Tesla CEO Elon Musk said on Wednesday that he was concerned about the impact of high interest rates on car buyers, adding the electric vehicle maker was hesitating on its plans for a factory in Mexico as it gauges the economic outlook.

    Meat imports down 8.6 percent over nine months

    The Philippines imported 923.16 million kg of meat in the first nine months, down 8.6 percent from 1.01 billion kilos of the commodity last year, according to the Bureau of Animal Industry (BAI).

    Bayad, RCBC renew digital financial services pact

    CIS Bayad Center, Inc. (Bayad), a pioneer in the outsourced payment collection systems in the country, has renewed its partnership with Rizal Commercial Banking Corporation (RCBC), enabling inclusive financial services through RCBC Diskartech and RCBC ATM Go.

    President Marcos stalls push to implement Maharlika Fund

    President Ferdinand Marcos Jr. stalled the rapid push to bring to life the Maharlika Investment Fund, seeking more time to review the details of the implementing rules and regulations, or IRR, to ensure safeguards are in place.

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    Carabao and goat milk drive 27% growth in PH dairy value

    The National Dairy Authority (NDA) reported a significant increase in the value and output of the country’s dairy sector in 2025. The total value of dairy production rose 27.7 percent to P1.667 billion, up from P1.305 billion in 2024, while milk production grew 12 percent, reaching 43.3 million liters.

    Fuel prices rise again starting Tuesday

    Fuel prices will go up for the fourth straight week starting Tuesday morning. Gasoline prices will increase by P0.80 per liter, diesel by P1.60, and kerosene by P1.10. Oil firms including Seaoil, PTT, Jetti, and Caltex will implement the hikes early Tuesday.

    BPI backs travel as a way for Filipinos to learn, grow

    The Bank of the Philippine Islands (BPI) is supporting travel not just as leisure, but as a way for Filipinos to learn, build stronger family ties, and support tourism and local economies. BPI is the official bank partner of the Philippine Travel Agencies Association (PTAA) 33rd Travel Tour Expo, happening from February 6 to 8, 2026 at the SMX Convention Center in Pasay City.

    SM Prime’s FiveE-com Center earns LEED Gold certification

    SM Prime Holdings Inc. said Monday that its FiveE-com Center at the Mall of Asia complex in Pasay City has earned LEED Gold certification for Operations and Maintenance, adding to the company’s portfolio of sustainable office buildings.

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