Tag: Net Income

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BPI posts ₱16.6B net income in 1Q

The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.

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SwiftPay launches fraud shield as BSP rules tighten

SwiftPay is ramping up its anti-fraud capabilities with the launch of a real-time monitoring platform aimed at helping banks and other financial institutions meet the Bangko Sentral ng Pilipinas' (BSP) tougher anti-scam requirements as digital payment fraud continues to rise.

FIFA World Cup final kicks off halftime entertainment era

For decades, the FIFA World Cup final has belonged to football. This year, however, the biggest match on the planet borrowed a page from another sporting giant.

APECO powers up to lure data center investors

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is intensifying talks with local and foreign energy firms as it races to secure the reliable, clean electricity needed to unlock billions of pesos in investments in data centers, advanced manufacturing and logistics.

BOI eyes tax fix to unlock aerospace investments

The government is moving to remove tax hurdles that have long weighed on the Philippines' aircraft maintenance, repair and overhaul (MRO) industry, betting that policy tweaks could unlock fresh aerospace investments and keep billions of pesos in business from flying overseas.

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