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Toby Magsaysay

Latest

BDO backs First Gen deal, Piki Lopez leadership

BDO backs First Gen deal, Piki Lopez leadership

‘BDO’s issuance of (a total of P24.76 billion in) standby letters of credit in support of First Gen’s acquisition of a 33 percent stake in the pumped storage…

Toby Magsaysay,Maria Bernadette Romero · 17 April 2026 · 2 min read

Stocks slip under 6000; peso back over P60

Stocks slip under 6000; peso back over P60

The Philippine Stock Exchange Index (PSEi) ended the week on a weaker footing, closing at 5,999.13 (-1.06%), slipping below the key 6,000 level as risk…

Toby Magsaysay · 17 April 2026 · 2 min read

BDO backs First Gen deal, Piki Lopez leadership

BDO backs First Gen deal, Piki Lopez leadership

Sy-led BDO Unibank has extended a total of P24.75 billion in standby letters of credit (SBLCs) to support First Gen Corporation’s strategic investment in…

Toby Magsaysay · 17 April 2026 · 2 min read

DBP expands financing support for Mindanao projects

DBP expands financing support for Mindanao projects

State-run Development Bank of the Philippines (DBP) is ramping up support for Mindanao through new partnerships aimed at boosting agricultural productivity,…

Toby Magsaysay · 17 April 2026 · 2 min read

Only half of Filipino adults have formal bank accounts – BSP

Only half of Filipino adults have formal bank accounts – BSP

The share of Filipino adults with formal financial accounts declined to 50 percent in 2025, down from 56 percent in 2021, even as overall access to financial…

Toby Magsaysay · 17 April 2026 · 2 min read

Chinabank raises dividends alongside record 2025 profit

Chinabank raises dividends alongside record 2025 profit

This Performance translates to a 15.6 percent return on equity and a 1.6 percent return on assets, both among the strongest in the local banking industry.

Toby Magsaysay · 16 April 2026 · 2 min read

Maharlika eyes oil storage amid energy crisis

Maharlika eyes oil storage amid energy crisis

The Maharlika Investment Corporation envisions, in the intermediate term, an expanded oil storage facility that would have the Philippine National Oil Company…

Toby Magsaysay · 16 April 2026 · 2 min read

peso hormuz

PSEi flat as BSP enters quiet period before next monetary policy meeting

Investors remained cautious amid geopolitical and inflation anxieties but the peso perked up, strengthening to P59.97 from the previous P60.115 per dollar as…

Toby Magsaysay · 16 April 2026 · 2 min read

PSEi flat as investors await BSP decision

PSEi flat as investors await BSP decision

The Philippine Stock Exchange Index (PSEi) closed essentially flat at 6,063.69 on Thursday, 16 April, up 0.34 percent from the previous session, reflecting…

Toby Magsaysay · 16 April 2026 · 2 min read

Maharlika eyes oil storage amid energy crisis

Maharlika eyes oil storage amid energy crisis

State-owned Maharlika Investment Corporation (MIC) is eyeing an expanded oil storage facility in the country, co-funded by the government and the private…

Toby Magsaysay · 16 April 2026 · 2 min read

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