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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SEIPI seeks reforms to make Pax Silica competitive 

The proposed Pax Silica initiative could give the Philippines...

Climate-ready rice fights floods, salt threats

Rice has long been a symbol of resilience on the Filipino plate. Now, scientists are working to make the grain itself more resilient in the field.

Ramon Ang acquires Lopez family stake in Lopez Inc.

Lopez Inc. president Federico “Piki” R. Lopez confirmed reports that Ramon S. Ang has purchased the stake previously held by Crème Investment Corporation, the investment arm led by Eugenio “Gabby” Lopez III.

BSP honors 14 top insttutional partners at 2026 appreciation ceremony

The Bangko Sentral ng Pilipinas (BSP) on Monday recognized 14 outstanding institutional partners from its Head Office during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony. The awardees were honored for their key contributions to financial inclusion, financial literacy promotion, and wider access to retirement savings via the Personal Equity Retirement Account (PERA). They also helped advance digital payments through the QR PH system and the introduction of tap-to-pay turnstiles for MRT‑3 commuters.

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