AC secures JCR’s A- credit rating
The rating expands Ayala’s ability to tap into credit and capital markets, broadening its investor base and providing access to Samurai loans
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Daily TribuneTopic
The rating expands Ayala’s ability to tap into credit and capital markets, broadening its investor base and providing access to Samurai loans
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‘We’ve knocked on sovereign banks like LandBank and Philippine National Bank for loans, but they’re still not ready to back commercial EV players’
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GNPK is a joint venture of ACEN Corp., Ayala Corp.’s power unit, the Philippine Investment Alliance for Infrastructure fund, and Power Partners Ltd. Co.
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Loans for production activities grew 11.8 percent from 10.8 percent with biggest borrowers being suppliers of air conditioners which increased loans by 23.6…
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Higher margins in its generation portfolio and increased energy sales from its distribution business helped offset the impact of depreciation and interest…
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‘By lowering the fee, BPI aims to make fund transfers even more accessible and cost-effective, encouraging more customers to embrace the ease and convenience…
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Bank of the Philippine Islands (BPI) lowered the fee for InstaPay interbank fund transfers from P25 to P10.
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The joint venture targets at least 1,000 megawatts of operational capacity across the region, with potential for further expansion.
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Fortune Tobacco Corp. remained the top contributor with P12.72 billion, or 44 percent of total earnings, followed by Philippine National Bank with P11.89…
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On the consumer side, home loans grew by 19 percent while auto loans surged by 54 percent
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‘We are committed to delivering differentiated product offerings and experiences to our now 17 million customers across all of their preferred customer…
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In a report to the Philippine Stock Exchange, PSBank said gross loans rose by 15 percent to P144 billion
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The decision clears the way for a significant shift in the ownership structure of the telecom company founded by Davao businessman Dennis Uy.
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The Philippine economy continues to face domestic challenges and global uncertainties that require careful fiscal management and policy adjustments.
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Hundreds of Palestinian prisoners freed by Israel arrive on buses accompanied by Red Cross vehicles
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Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
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Ajinomoto Philippines Corporation is accelerating its sustainability journey by partnering with tech-driven logistics company Mober to integrate electric…
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Starting 1 March 2025, EVA Air will prohibit passengers from using or charging portable batteries on flights due to an update to its in-flight power bank…
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