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Lawrence Agcaoili
Lawrence Agcaoili
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GoTyme payment volume jumps to P6.1 billion in 2024
by Lawrence Agcaoili - May 4, 2025 - 12:00am
The total payment volume of GoTyme Bank surged by 153 percent to P6.1 billion last year, driven by robust holiday spending and an uptick in travel.
Monde clearing path for food security, healthier products
by Lawrence Agcaoili - March 23, 2025 - 12:00am
Snack food giant Monde Nissin Corp. continues to lead in clearing the path for better and healthier products as part of the company’s efforts to contribute to food security.
Enstack empowers female entrepreneurs with AI-driven tools
by Lawrence Agcaoili - February 9, 2025 - 12:00am
, the AI-powered business management platform, continues to lead the way in empowering female entrepreneurs across the Philippines.
JTI Philippines names new GM
by Lawrence Agcaoili - February 2, 2025 - 12:00am
JTI Philippines recently announced the appointment of Guilherme Silva as the company’s new general manager, returning to the country where he was marketing director in 2011.
‘Philippines one of fastest-growing economies in Asia’
by Lawrence Agcaoili - December 27, 2024 - 12:00am
The Marcos administration has made 2024 a banner year for economic achievements and has once again successfully positioned the Philippines as among the fastest-growing economies in Asia despite global challenges...
Philip Morris leverages tech, innovation for smoke-free world
by Lawrence Agcaoili - December 16, 2024 - 12:00am
Philip Morris International continues to leverage technology and innovation as its ramps up the shift of over a billion smokers worldwide to smoke-free products.
Japan Tobacco heats up global expansion
by Lawrence Agcaoili - December 3, 2024 - 12:00am
Japan Tobacco International (JTI) continues to heat up its global expansion as it aims to bring its innovative heated tobacco product, Ploom, in 40 markets.
CCAP, BSP to promote credit card literacy online
by Lawrence Agcaoili - August 25, 2024 - 12:00am
The Credit Card Association of the Philippines has partnered with the Bangko Sentral ng Pilipinas to raise consumer awareness on the responsible use of credit cards and to promote credit card literacy.
Maybank opens Islamic banking unit in Zamboanga
by Lawrence Agcaoili - August 25, 2024 - 12:00am
Maybank Philippines Inc., a member of the Maybank Group, has inaugurated its first Islamic banking unit in Zamboanga, marking a significant step in expanding the bank’s portfolio of inclusive financial so...
BDO cuts costs by retrofitting old buildings
by Lawrence Agcaoili - July 28, 2024 - 12:00am
Sy-led BDO Unibank Inc. continues to manage greenhouse gas emissions and energy consumption by retrofitting old buildings, beginning with its historic Dasmariñas- Binondo building in Manila.
BancNet fortifies cybersecurity, pushes tech enhancements
by Lawrence Agcaoili - June 30, 2024 - 12:00am
Electronic banking consortium BancNet Inc. is further fortifying cybersecurity measures as the banking sector leverages technology to enhance operational efficiency, detect fraud and improve customer experience...
Citi sees inflation falling fast with rice tariff cuts
by Lawrence Agcaoili - June 7, 2024 - 12:00am
Global banking giant Citi expects inflation to ease at a faster pace as the government approved the reduction of rice tariff to 15 percent from the current 35 percent until 2028.
Citi sees shallow rate cuts in 2024, 2025
by Lawrence Agcaoili - May 12, 2024 - 12:00am
Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks.
Metrobank sets aside P5 billion for capital expenses in 2024
by Lawrence Agcaoili - April 18, 2024 - 12:00am
Metropolitan Bank & Trust Co. has earmarked as much as P5 billion for its capital expenditures this year.
Ex-ombudsman hits back at GSIS management, questions deals
by Lawrence Agcaoili - April 16, 2024 - 12:00am
Former ombudsman Ma. Merceditas Gutierrez lashed back at the management of the Government Service Insurance System after the state-run pension fund manager questioned her eligibility as a member of the board of...
‘Ex-ombudsman not qualified to sit on GSIS board’
by Lawrence Agcaoili - April 15, 2024 - 12:00am
Results of an inquiry conducted by the Government Service Insurance System (GSIS) showed that former ombudsman Ma. Merceditas Gutierrez is not qualified to be a member of its board of trustees for not being a member...
UBS sees 2-digit credit growth for Philippines banks
by Lawrence Agcaoili - March 2, 2024 - 12:00am
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS.
Metrobank raises record $1 billion from international bond market
by Lawrence Agcaoili - March 1, 2024 - 12:00am
Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market.
China Bank nets record P22 billion
by Lawrence Agcaoili - February 28, 2024 - 12:00am
Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023.
Metrobank eyes return to offshore debt market
by Lawrence Agcaoili - February 28, 2024 - 12:00am
Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations.
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