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.
Global compliance technology firm Sumsub has partnered with Philippine seafarer‑focused digital payments platform MarCoPay to boost customer onboarding, continuous compliance checks and real‑time transaction monitoring under the Anti‑Financial Account Scamming Act (AFASA).
Two home‑grown Filipino breakthroughs focused on healthcare access and sustainable sanitation have been recognized at this year’s Alfredo M. Yao (AMY) Innovation Awards, held at the Manila Hotel during the 52nd Philippine Business Conference and Expo. Organized by the Philippine Chamber of Commerce and Industry, the annual awards highlight socially relevant inventions from student and professional innovators that can drive national economic development.
The Light Rail Manila Corp. (LRMC), private operator of the Light Rail Transit Line 1, has launched a round‑the‑clock parking facility at Dr. Santos Station in Parañaque City, a key commuter incentive designed to encourage motorists to switch from private cars to public rail transport.
BPI Wealth, the wealth management division of Bank of the Philippine Islands, has rolled out the BPI Corporate Personal Equity and Retirement Account or PERA, a workplace‑based retirement benefit introduced during the “Building Better Futures 2026: Retirement in the Age of Longevity, A New Leadership Imperative” event as part of the firm’s Wealth Wellness Month.