Monday, 06 October 2025, 2:28 am

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    In Memoriam: Xavier P. Loinaz (1940–2025) Visionary leader, banking pioneer, and beloved mentor

    The Bank of the Philippine Islands (BPI) mourns the passing of Mr. Xavier P. Loinaz, former president and CEO, whose visionary leadership helped shape not only the institution but the Philippine banking industry at large. He passed away in 2025, leaving behind a profound legacy of innovation, integrity, and service.

    SEC to expand definition of REIT-eligible assets

    The Securities and Exchange Commission (SEC) will broaden the definition of income-generating assets eligible for Real Estate Investment Trust (REIT) classification to encourage more property listings.

    St. Luke’s Medical Center to open ASEANA Hospital in 2031

    St. Luke’s Medical Center Inc. has postponed the opening of its third hospital in ASEANA, Paranaque, to 2031—two years later than the originally planned 2029 target.

    China Bank Savings sponsors P11M for National Teachers Month celebration

    China Bank Savings (CBS), the retail arm of China Bank Savings Corp., is providing a P11 million sponsorship for the National Teachers Month and National Teachers’ Day 2025 celebration held on October 6.

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