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Philippines
Wednesday, April 24, 2024

Banking & Finance

OceanaGold remits additional P1b to gov’t

OceanaGold (Philippines) Inc. (OGPI), operator of the Didipio Gold-Copper Mine, on Tuesday announced the remittance of additional P1.1-billion share to the Philippine government, making it the first mining company to submit additional payment under the existing terms of its financial and technical assistance agreement (FTAA). OGPI president Joan Adaci-Cattiling said the company’s first payment of additional government share pursuant to the net revenue calculation is on top of the taxes,...

BPI: Economy in ‘great shape’ despite risks

Bank of the Philippine Islands (BPI) of the Ayala Group is optimistic...

LandBank helps co-op expand services for uniformed personnel

Land Bank of the Philippines said Tuesday it extended financial support to...

BDO Life introduces online customer portal

BDO Life, a fully-owned subsidiary of BDO Unibank,said its clients can now...

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EastWest Bank’s income improved in third quarter

East West Banking Corp. said Wednesday net income in the first nine months declined 41 percent to P3 billion from P5.1 billion a year...

September remittances increased 3.8% to $2.84b

Remittances rose for the 20th straight month, as global economies that host Filipino overseas workers further reopened, resulting in sustained inflows ahead of the...

BDO Capital awarded top investment bank

BDO Capital & Investment Corp. was recognized as the country’s Corporate and Investment Bank of the Year for the 5th straight time at the...

LandBank’s profit up 54% to P25.6b on higher loans

State-run Land Bank of the Philippines said Monday net income in the first nine months jumped 54 percent to P25.69 billion from P16.7 billion...

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