Philippine inflation is expected to accelerate to 7.7 percent in October and could exceed 8 percent in November as higher transport fares, wage adjustments and a weaker peso drive broader price increases despite easing food and fuel costs.
Access to working capital remains critical for suppliers seeking to manage operating expenses, maintain inventory, and respond to changing business demands. Faster collection of receivables can help businesses maintain cash flow without waiting for standard payment cycles.
Bank of the Philippine Islands saw its net income decline 3.2 percent to P48.9 billion in the first nine months of 2026 from P50.5 billion during the same period a year earlier, as sharply higher credit-loss provisions and operating expenses offset strong loan growth and rising revenues.
It is not every day that conglomerate head Jaime Augusto Zobel de Ayala addresses the employees of an Ayala company directly. But the impending leadership change at Bank of the Philippine Islands prompted just such a message. The unusual communication underscored the importance Ayala places on succession at one of the country's biggest commercial banks.
Artificial intelligence is opening a new front in the battle for banking customers, with BDO Unibank getting top billing more often while rival Bank of the Philippine Islands (BPI) appears in more answers overall.
Bank of the Philippine Islands (BPI) is strengthening protection for customers against increasingly sophisticated scams through a partnership with Gogolook that combines scam-detection technology with verification of legitimate bank communications.
Bank of the Philippine Islands (BPI) has waived PESONet transfer fees for transactions made through the Pay Non-BPI disbursement feature of BPI BizLink, giving corporate clients a way to send funds to other banks at no cost.
Bank of the Philippine Islands is betting on greater scale, digital banking and operating efficiency to drive its next phase of growth, as the 175-year-old lender transforms branches and expands its reach across consumer and business markets.
As the country’s oldest bank marks its 175th anniversary, the Ayala banking arm is looking beyond its storied past and focusing on a new challenge: bringing millions more Filipinos into the formal financial system.