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BPI-Philam clients assured as firm becomes BPI AIA

BPI-Philam clients assured as firm becomes BPI AIA
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

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BPI aims to lead digital banking market

BPI aims to lead digital banking market
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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4.5% full-year inflation could force BSP to hike rates earlier — BPI – Manila Bulletin

Published July 8, 2021, 7:00 AM
A high inflation rate of 4.5 percent in 2021 will likely convince the Bangko Sentral ng Pilipinas (BSP) to adjust policy rates earlier to avoid hits on the country’s reserves and to preserve the country’s positive credit rating, according to Ayala-led Bank of the Philippine Islands (BPI).
MB file
“The Philippines has managed to keep its credit rating despite the huge contraction last year. One of the metrics that have protected the country from a downgrade is the GIR (gross international reserves) to FX (foreign exchange) debt ratio,” noted the bank’s latest BPI Economic Insights (BPI Global Markets Economic and Financial Markets Research). ....

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FIST Law to cast safety net for banks - BusinessWorld

FIST Law to cast safety net for banks - BusinessWorld
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Green energy group hopeful Meralco will exit Atimonan coal project

Green energy group hopeful Meralco will exit Atimonan coal project
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Metro Manila (CNN Philippines, April 30) The Power for People Coalition (P4P) is optimistic the proposed coal-fired power plant of the Manila Electric Company in Atimonan, Quezon will not push through.
This, as an energy consortium pulled out from financing the 660-megawatt Subic coal project which is under Redondo Peninsula Energy Inc. (RP Energy). It is a joint venture between Meralco’s generation arm Meralco PowerGen, Aboitiz Power Corporation, and Taiwan Cogeneration Corp.
We hope the shelving of the Subic project means Meralco is finally starting to see sense and would soon have more coal cancellations to announce, Gerry Arances, convenor of P4P, said in a statement. ....

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