The Philippines, being a disaster-prone country, regularly faces disasters such as earthquakes and typhoons. Strong quakes actually hit the country in the last quarter of the year followed by two strong storms during the Christmas season which resulted in casualties, devastated homes and establishments, no electrical supply, and people who are left without means to […]
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European company IWG partners with Cebu’s AppleOne for 1st franchise partnership in Southeast Asia
IWG, the leading workspace provider that pioneered the coworking space concept in the Philippines. has signed a franchise partnership agreement with Cebu-based property developer AppleOne Properties, Inc. (API), the first in the Southeast Asian region. The IWG and AppleOne collaboration will expand IWG’s footprint in the Philippines, particularly the Visayas region. Under the franchise partnership […]
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Dr. Richard Nixon Gomez establishes 100% Filipino-owned pharmaceutical firm in Bulacan
Filipino scientist and inventor Dr. Richard Nixon Gomez has established Bauertek Corporation, a new 100% Filipino-owned pharmaceutical firm, located in Bulacan. The Filipino company at Sitio Kabilang Bakood, Sta. Rita in Guiguinto is a production, research, and development pharmaceutical facility for all-natural herbal supplements which are said to be three to four generations ahead of […]
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Shopping is More Fun in the Philippines attracts more retailers, tourists
“Shopping is More Fun in the Philippines” as the retail industry remains robust amidst closure of some malls and stores in some parts of the world. In contrast to many large format stores rightsizing and shopping centers closing down in many parts of the world, retail in the Philippines remains vigorous and upbeat, said SM […]
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BPI Family Savings Bank exceeds maiden bond issuance target, raises Php 9.60 billion
BPI Family Savings Bank (BFSB) has issued Php 9.60 billion of bonds and listed them on the Philippine Dealing & Exchange Corp. (PDEx). The Bonds, which can now be traded in PDEx, are more than four times oversubscribed and represents BFSB’s first-ever foray into the capital markets. The Bank attributes this to robust demand from […]
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American call center giant Alorica expands PHL operations, to hire 9000 agents
American call center giant Alorica is expanding its operations to another 9,000 agents, bringing its total current workforce to nearly 50,000. Alorica is already the third-largest customer experience provider in the country with the workforce spread in 19 delivery locations. The Communication Workers of America (CCW) awarded BPO of the Year was reported by international […]
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BPI Securities sees positive trading outlook for 2020, sets index target at 9000
BPI Securities, the stock brokerage arm of Bank of the Philippine Islands (BPI), anticipates a favorable outlook for the country for 2020, setting a PSEi index target of 9,000. Haj Narvaez, President of BPI Securities, expects 2020 earnings growth for the PSEi Index to match this year’s figure of 12%. Next year’s growth in earnings […]
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BPI bolsters sustainable financing for businesses
Bank of the Philippine Islands (BPI) has launched its expanded Sustainable Development Finance (SDF) program to bolster its commitment to enable sustainable businesses in the country. With SDF, BPI has consolidated its financing activities for renewable energy, energy efficiency, climate resilience, and agriculture in response to the increasing need for creating sustainable businesses across all […]
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PHL improves World Talent Pool Ranking, soars 6 places
The Philippines had one of the the biggest climbs in the 2019 World Talent Ranking report from the International Institute for Management Development (IMD). The country rose six places to 49th place from 55th in 2018. The report from IMD World Competitiveness Center ranked 63 countries based on the three factors: investment and development, appeal, […]
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BPI goes on webinars to teach basics of stock market investments
Bank of the Philippine Islands (BPI) has brought its trade seminars online via webinars on the basics of the stock market and fundamentals of investing through its online stock trading platform, BPI Trade. BPI Securities Corporation, a wholly owned subsidiary of Bank of the Philippine Islands (BPI), recently launched the webinars as its pilot online […]
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BPI raises Php3.1 billion from high-yielding deposits
The Bank of the Philippine Islands (BPI) has issued Php 3.1 billion of Long-Term Negotiable Certificates of Time Deposit (LTNCTDs) that are now listed and tradable on the Philippine Dealing & Exchange Corp. This LTNCTD issuance represents BPI’s third foray into the capital markets in 2019, following its USD green bond issuance amounting to USD300 […]
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Asiamoney awards BPI for excellence in CSR, microfinance
The Bank of the Philippine Islands (BPI) has received two awards from Asiamoney for its corporate social responsibility programs (CSR) that exemplified community service along with banking addressing financial inclusion. Asiamoney, a leading finance publication in the region, recognized BPI as the “Best Bank for Corporate Social Responsibility (CSR)” and its fully owned subsidiary BPI […]
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