Money
Clark remitted P1.2 billion to Treasury in 2022
Clark Development Corp. set another record remittance of P1.207 billion in cash dividends to the national government in 2022, up...
BOP position yielded $148-m deficit in April
The country’s balance of payments position posted a deficit of $148 million in April, lower than $415-million shortfall recorded in...
Interest rate cut ‘too premature’ this year, says BPI
The Bank of the Philippine Islands said Friday it will be “too premature” for the Bangko Sentral ng Pilipinas to...
DBP offers loan programs to meet PH energy needs
State-run Development Bank of the Philippines said it is prepared to provide the necessary financing to all players in the...
AUB reaps benefits from technology investments
Investment in technology by Asia United Bank, one of the fastest-growing publicly-listed universal banks, substantially paid off in the past...
BPI Wealth reduces UITFs’ minimum investments
BPI Wealth, a wholly-owned unit of the Bank of the Philippine Islands authorized to engage in trust and other fiduciary...
Remittances increased by 3% to $8b in first quarter—BSP
Money sent home by Filipinos working overseas grew 3 percent in the first quarter to $8 billion from $7.77 billion...
PNB posted P4.8-billion profit in Q1
Philippine National Bank, led by tobacco and airline tycoon Lucio Tan, posted a consolidated net income of P4.8 billion in...
LandBank posts 30% growth in digital transaction to P736 billion
Land Bank of the Philippines said it posted a 30-percent year-on-year increase in the value for its major digital banking...
Higher interest earnings lifted Security Bank’s profit to P2.4b in Q1
Security Bank Corp. said Friday it posted a net profit of P2.4 billion in the first quarter, driven by growth...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.