Listed conglomerate JG Summit Holdings Inc. reported a consolidated core net income of P15.95 billion in the first half of 2017, slightly lower than the P15.99 billion a year ago.

By Riza Lozada The government paid P378.37 billion in debts in the first half, which was 25.5 percent lower than a year ago due to lower amortization and interest payments.

Allianz PNB Life Insurance has recently inaugurated Life Track stations inside selected PNB and PNB Savings Bank branches located in the Makati and Ortigas business districts.

The National Economic and Development Authority (Neda) Regional Office IV-A (Calabarzon) and IV-B (Mimaropa) were conferred with the Golden Eagle by the Bangko Sentral ng Pilipinas (BSP) for the fourth and third consecutive year respectively during its annual awarding ceremony on August 4.

Gains from its core business lifted Metropolitan Bank and Trust Co’s (Metrobank) net income in the first half by five percent to P9.5 billion.

Story and photo by Hananeel Bordey / Special to The Market Monitor Weekend cable public-service show Buhay OFW took a big step in fighting human trafficking on its seventh anniversary by launching the Anti-Trafficking OFW Movement (ATOM) at the Golden Bay Restaurant in Pasay City on July 18, 2017.

Singapore-based finance publication Asian Banking & Finance recently conferred its prestigious Corporate Social Responsibility (CSR) Program of the Year Gold Award on the BDO (Banco de Oro) Foundation in recognition of the latter’s rehabilitation program for rural health units.

Business leader Manuel V. Pangilinan, also known by his initials MVP, recently led the turnover of financial assistance to the families of the fallen soldiers and police officers of the Marawi City siege that began in May.

By Riza Lozada The stock market’s operating revenues for the first six months of the year rose by 18.1 percent to P662.53 million from P560.81 million a year ago, mainly due to double digit gains in listing- and trading-related fees, the Philippine Stock Exchange Inc. (PSE) said.

State housing loan agency Pag-IBIG Fund and the government-run Development Bank of the Philippines (DBP) recently inked a partnership to use DBP’s electronic banking facility, internet payment gateway, and prepaid card for easier and faster payment and collection processes for the Fund.