News

Duterte signs law strengthening Bangko Sentral

ABS-CBN News
Posted at Feb 18 11:12 AM

President Rodrigo Duterte has signed into law a measure that widens the powers of the Bangko Sentral ng Pilipinas Read more »

The LEGO Movie 2: The Second Part has the joke-a-minute cleverness of The LEGO Movie, but…

Andrew Paredes
Posted at Feb 13 01:00 PM

It’s just not as awesome. However, the whole crew is back and that’s a good thing.  Read more »

Chris Pratt nagkuwento sa mga aral ng 'Lego Movie 2'

ABS-CBN News
Posted at Feb 11 10:38 PM

Umaasa si Chris Pratt na may mapupulot na aral ang mga batang manonood sa "The Lego Movie 2." Read more »

Biggest US bank deal in a decade: BB&T to buy SunTrust

Aparajita Saxena, Imani Moise and Liana B. Baker, Reuters
Posted at Feb 08 08:43 AM

The banks hope to close the deal later this year. The timetable would have been improbable before the administration of President Donald Trump began easing crisis-era regulations, which had restricted expansion and boosted scrutiny of banks. Read more »

'Lego Movie' sequel hopes to build on the first

Reuters
Posted at Feb 08 06:46 AM

LOS ANGELES (Reuters) - The residents of Bricksburg return to the big screen this week in “The Lego Movie 2: The Second Part”, this time finding themselves in an apocalyptic world after the invasion of strange heart and star-shaped extra terrestrials. Read more »

Australia vows to clean up financial sector after landmark misconduct inquiry

Jonathan Barrett and Swati Pandey, Reuters
Updated as of Feb 04 05:11 PM

The government-appointed inquiry known as a Royal Commission also recommended prosecutions for 24 cases of wrongdoing and advised that remuneration structures across the industry be overhauled to remove systemic conflicts of interest. Read more »

Why the Philippines is ready for all-digital banking

ABS-CBN News
Posted at Jan 30 09:02 AM

CIMB hopes its all-digital bank Octo will have 100,000 users by mid-2019, who transact using the app at least once a week, said its Philippines CEO Vijay Manoharan. Read more »

WATCH: Tyra Banks’ ‘volcano strut’ vs Catriona’s ‘lava walk’

ABS-CBN News
Updated as of Jan 23 01:45 PM

The American supermodel pitted her own “volcano strut” against the signature “lava walk” of Catriona Gray during the Miss Universe 2018 pageant. Read more »

Philippine banks can 'manage' Hanjin debt situation: BSP

ABS-CBN News
Posted at Jan 16 02:37 PM

Loans to Hanjin account for just 0.24 percent of total loans of the banking system and based on stress tests, writing off these debts will have minimal impact on the adequacy of industry capital, the BSP said. Read more »

Defense chief: Suggestion to take over Hanjin 'brought up' with Duterte

Sherrie Ann Torres, ABS-CBN News
Posted at Jan 16 01:28 PM

Defense Secretary Delfin Lorenzana President Rodrigo Duterte was "open to idea" that was broached to him by Vice Admiral Robert Empedrad, the Philippine Navy Flag Officer-in-Command.   Read more »

Hanjin's bankrupt PH unit now officially under corporate rehabilitation

ABS-CBN News
Posted at Jan 15 11:28 PM

The Philippine unit of global shipbuilding giant, Hanjin, is now officially under corporate rehabilitation. Read more »

Will Tyra Banks, Catriona Gray do 'lava walk' together?

ABS-CBN News
Posted at Jan 12 01:08 PM

MANILA - Supermodel Tyra Banks has been "thinking" about Miss Universe 2018 Catriona Gray's "lava walk," and it seems that the pageant organization is willing to turn those musings into reality.   Read more »

Hanjin creditors risk earnings hit if loans not provisioned: analyst

ABS-CBN News
Updated as of Jan 11 04:46 PM

Reeling from a global slowdown in shipping, Hanjin's Philippine unit sought court-assisted rehabilitation to pay 5 banks some $412 million. Read more »

Hanjin creditors eye all options, 'will be alright,' says BPI president

Cathy Yang, ABS-CBN News
Posted at Jan 11 09:49 AM

Five Philippine lenders seeking to cover some $412 in loans to Hanjin are "in close contact with one another" and "will do what's best for the banking industry and for the country," Bank of the Philippine Islands president Cezar Consing said. Read more »

Analyst: Increasing interest rates may be good for banking industry

ABS-CBN News
Posted at Dec 19 12:31 AM

Rate hikes are also keeping Philippine financial institutions on their toes.  Read more »

‘Worthy of fashion month’: Vogue features Catriona’s ‘lava walk,’ supermodel reactions

ABS-CBN News
Updated as of Dec 18 10:10 PM

With Catriona Gray’s “lava walk” and “slow-mo twirl,” and with supermodels lauding her Miss Universe win, the Filipina beauty queen may just make a big splash in the international fashion scene, at least according to Vogue. Read more »

‘Next level fierce’: Tyra Banks wowed by Catriona’s Miss Universe performance

ABS-CBN News
Updated as of Dec 18 07:42 AM

The Philippines’ Catriona Gray, the newly crowned Miss Universe, has earned new fans from around the world after the widely watched telecast of the pageant on Monday.    Read more »

‘Pinoy power to the max’: Tyra Banks has glowing words for Catriona Gray

ABS-CBN News
Updated as of Dec 16 12:31 AM

Tyra Banks' verdict of Catriona Gray's "slow-mo" twirl? "I mean . . . Pinoy Power to the Max!!!" she tweeted Read more »

Tyra Banks, nagustuhan ang retrato nila ni Maymay

ABS-CBN News
Posted at Nov 30 11:56 AM

Tyra Banks, nagustuhan ang retrato nila ni Maymay Read more »

RCBC says to merge with thrift unit RCBC Savings

ABS-CBN News
Posted at Nov 27 09:20 AM

RCBC will be the surviving entity after the merger, which will become effective on July 1, 2019, according to a stock exchange filing. Read more »