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PHILIPPINE NEWSPAPER HIGHLIGHTS - NOV 1, 2007.
MANILA, Nov 1 Asia Pulse - Highlights of today's newspapers:
MANILA TIMES:
- The country's money supply grew at a slower pace for a fifth month in September, giving the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) more flexibility in its interest rate policy-making. In a statement, Governor Amando M. Tetangco Jr., said the growth of domestic liquidity or M3 slowed down to 11.4 per cent in September from 14.9 per cent in August.
- The Asian Development Bank (ADB) said an airports development project in Mindanao it funded was unsuccessful, causing congestion at the Manila airport and limiting trade in the region.
- PETPlans, Inc. announced that its court-approved rehabilitation plan is ready for implementation, as details and logistics have finally been threshed out with Bank of the Philippine Islands (BPI), which was appointed to manage the fund.
- SM Investments Corp. (SMIC), the holding company of the SM group, announced on Wednesday that it would be selling its stake in San Miguel Corp. (SMC) to the food and beverage conglomerates retirement fund.
- Strong demand for consumer loans helped Bank of the Philippine Islands (BPI) grow its profits in the first nine ...
- BANK OF PHILIPPINE ISLANDS SELLS US$153 MLN IN NPLS.
- News wire article from: AsiaPulse News January 7, 2005 700+ words
MANILA, Jan 7 Asia Pulse - The Bank of Philippine Islands has closed the deal for the sale of P8.6 billion (US$153 million) of its non-performing loans (NPLs) to an affiliate...
- BANK OF PHILIPPINE ISLANDS CITES OPPORTUNITIES FOR ECONOMY IN 05.
- News wire article from: AsiaPulse News January 7, 2005 700+ words
MANILA, Jan 7 Asia Pulse - The Bank of the Philippine Islands cited opportunities for the Philippine economy in 2005, confident of moderate growth in credit demand. In a press conference...
- BANK OF PHILIPPINE ISLANDS FORECASTS PESO TO FURTHER APPRECIATE.
- News wire article from: AsiaPulse News January 11, 2008 700+ words
MANILA, Jan 11 Asia Pulse - The Bank of the Philippine Islands (BPI) forecasts the peso to further appreciate to a range of 37-39 against the US dollar, inflation to average 3.8 per cent...
- BANK OF PHILIPPINE ISLANDS COMPLETES MERGER OF INSURANCE ARMS.
- News wire article from: AsiaPulse News February 11, 2002 700+ words
MANILA, Feb 11 Asia Pulse - The Bank of the Philippine Islands (BPI) has completed the merger of its two general insurance subsidiaries in a bid to capture market leadership in the nonlife...
- BANK OF THE PHILIPPINE ISLANDS POSTS LOWER INCOME IN 2000.
- News wire article from: AsiaPulse News February 21, 2001 700+ words
MANILA, Feb 21 Asia Pulse - The Bank of the Philippine Islands (BPI), an Ayala Corp subsidiary, ended 2000 with 379.55 billion pesos (US$8 billion) in total resources following its...
- BANK OF PHILIPPINE ISLANDS FAILS TO SELL SOURED LOANS PORTFOLIO.
- News wire article from: AsiaPulse News September 17, 2003 700+ words
MANILA, Sept 17 Asia Pulse - Negotiations by the Bank of the Philippine Islands with the International Finance Corp. over the possible purchase of its soured loans portfolio has failed, allegedly over differences...
- BANK OF THE PHILIPPINE ISLANDS TO OFFER E-BANKING.
- News wire article from: AsiaPulse News October 8, 2002 700+ words
DAVAO CITY, Oct 8 Asia Pulse - The 150-year-old Bank of the Philippine Islands (BPI) plans continue its dominant role in the banking industry with plans for electronic banking. This was made clear during...
- BANK OF THE PHILIPPINE ISLANDS HOPES TO TOP 2007 GROWTH FORECAST.
- News wire article from: AsiaPulse News August 6, 2007 700+ words
MANILA, Aug 6 Asia Pulse - An official of the Ayala-owned Bank of the Philippine Islands (BPI) on Friday expressed hope that the bank can surpass its 10-15 per cent income growth forecast this year. BPI president...