Money
BDO set to pay out P1.31b in dividends
BDO Unibank Inc., the country’s largest lender controlled by tycoon Henry Sy, will pay P1.31 billion worth of cash dividends...
Peso slides further to 50.27 per dollar
The peso weakened further to hit a new 10-year low against the US dollar Monday, amid uncertainties posed by the...
Liquor makers oppose tax increase
Liquor producers are pushing for a more simplified tax system in lieu of the current and the proposed tax increase....
Semirara registered record net income of P12b in 2016
Semirara Mining and Power Corp. a record net income of P12 billion in 2016, up 42 percent from P8.47 billion...
BDO says net profit rose 4.4% to P26.1b
BDO Unibank Inc., the country’s largest lender in terms of assets, said net income in 2016 rose 4.4 percent to...
30,000 money lenders asked to register
About 30,000 illegal money lenders have been offered the opportunity to register their business to make them officially part of...
Metrobank’s profit drops 3% to P18.1b
METROPOLITAN Bank & Trust Co., the second-largest lender in terms of assets, said net profit in 2016 fell 3 percent...
Manila Water posts 2% income growth
Manila Water Company Inc. said Thursday net income grew 2 percent in 2016 from a year ago, on higher water...
ChinaBank plans P15-b rights issue
China Banking Corp., the eighth-largest lender in terms of assets, said Thursday it will raise up to P15 billion through...
BSP to consider Fed hike in decision
BANGKO Sentral ng Pilipinas Governor Amando Tetangco Jr. said Thursday local monetary authorities would not necessarily move “in sync” with...
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.