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Philippines
Tuesday, April 22, 2025

Jenniffer B. Austria

Global bank says PH may serve as ‘safe haven’ amid trade wars

Global investment bank UBS maintained a positive outlook on the Philippines, citing the country’s low exposure to global trade tensions and strong domestic fundamentals...

BPI’s income up 9% to P16.6b in Q1, on track to meet target

Bank of the Philippine Islands (BPI) reported a net income of P16.6 billion in the first quarter of 2025, up by 9 percent from...

Ayala hires 7 banks to raise P20b from shares offering

Conglomerate Ayala Corp. hired seven banks to handle its planned P20-billion preferred shares offering in June 2025. Ayala engaged BDO Capital Investments Corp., BPI Capital...

Stock market expected to move sideways amid volatility

Philippine stocks are expected to move sideways, after last week’s shortened trading as regional markets remain volatile due to developments overseas. Philstocks Financial Inc. research...

Italpinas’ profit, sales doubled in 2024 on real estate rollouts

Italpinas Development Corp.(IDC), a real estate developer focused on green projects, doubled its net income and sales in 2024 on continued rollout of real...

Subicwater gets another 20-year franchise

Subic Water and Sewerage Company Inc. said it aims to achieve 100-percent wastewater service coverage in Olongapo City after obtaining a fresh 20-year extension...

Stock market climbs, peso closes at 56.77 a dollar

The main composite index rose for a fifth consecutive trading day, lifted by US tariff exemptions and hopes for further policy easing by the...

CLI to launch 12 new projects

Cebu Landmasters Inc. (CLI) said it is preparing to roll out 10 to 12 new projects worth P36 billion in sales value this year...

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