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Ted P. Torres
Ted P. Torres
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Sign peace accord before making demands, Joma told
by Ted P. Torres - June 14, 2016 - 12:00am
A peace agreement must be signed before National Democratic Front (NDF) founding chairman Jose Maria Sison can make demands, chief government negotiator Alexander Padilla said yesterday.
FDA warns vs unregistered cosmetics
by Ted P. Torres - June 12, 2016 - 12:00am
The Food and Drug Administration (FDA) has issued public advisories against 26 unregistered cosmetic products still being sold in Metro Manila and Region 2.
Comics (June 1, 2016)
by Ted P. Torres - June 1, 2016 - 12:00am
Comics
Asia seen driving growth of global insurance market
by Ted P. Torres - May 29, 2016 - 12:00am
Asia will continue to drive growth of the global insurance market in the next few years, with the Philippines is keeping pace, an international reinsurance firm said.
Insurance firms trimmed to less than 100
by Ted P. Torres - May 27, 2016 - 12:00am
The number of players in the country’s insurance industry has drastically gone down from over 200 in the 1990s to less than 100 at the end of March this year, the Insurance Commission said.
BDO, Japan’s Aozora Bank ink banking partnership
by Ted P. Torres - May 25, 2016 - 12:00am
BDO Unibank Inc. (BD0) has entered into a partnership with Aozora Bank Ltd., a Japanese commercial bank, for banking services that would benefit clients eyeing the Philippines as a potential investment spot.
DBP to file appeal with SEC on alleged ‘wash sales’
by Ted P. Torres - May 25, 2016 - 12:00am
The Development Bank of the Philippines (DBP) will file an appeal with the Securities and Exchange Commission over the questionable sale of P14.3 billion worth of government securities.
China Bank Savings shifts lending focus to SME
by Ted P. Torres - May 24, 2016 - 12:00am
China Bank Savings (CBS) is in the tail end of its consolidation phase, and is launching the next level of its expansion program.
CitySavings outsources teacher loan processing with PetNet
by Ted P. Torres - May 24, 2016 - 12:00am
CitySaving Bank Inc. (CitySavings), the thrift bank segment of the Union Bank of the Philippines (UnionBank), has expanded its footprint with its partnership with PetNet Inc.
AXA Philippines premium income drops 21% in Q1
by Ted P. Torres - May 18, 2016 - 12:00am
AXA Philippines registered a 21-percent drop in gross premium income to P4.4 billion in the first three months of 2016 from P5.6 billion last year.
Banks back Duterte dev’t plan
by Ted P. Torres - May 16, 2016 - 10:00am
The Philippine banking system will take the cue from the new administration, which had initially looked toward the agriculture sector and espoused inclusive growth.
El Niño, Typhoon damage Agri output shrinks 4.5% in Q1
by Ted P. Torres - May 13, 2016 - 10:00am
Agricultural production fell 4.53 percent in the first quarter, weighed down by the poor output of the crop and fisheries subsectors as a result of the prolonged dry spell and damage caused by Typhoons Lando and...
Nickel Asia incurs P300-M loss in Q1
by Ted P. Torres - May 11, 2016 - 10:00am
Nickel Asia Corp. (Nickle Asia) has incurred a net loss of P300.8 million in the first quarter, down 55.5 percent from the P675.8 million loss in the same period last year.
PSBank income rises 12% in Jan-March
by Ted P. Torres - May 11, 2016 - 10:00am
Philippine Savings Bank (PSBank) reported a 12-percent increase in net income to P434.8 million in the three months to March, up from P387.1 million in the same period last year.
PNB Savings nets 29% more in Q1
by Ted P. Torres - May 10, 2016 - 10:00am
PNB Savings Bank the consumer banking arm of Philippine National Bank posted a 29-percent increase in net income in the first three months of 2016 to P91 million from P70 million in the same period last year.
Metrobank hikes profit to P5.25 B
by Ted P. Torres - May 10, 2016 - 10:00am
Metropolitan Bank & Trust Co. (Metrobank) has reported a three percent growth in net earnings to P5.25 billion in the first three months of 2016 from P5.1 billion in the same period last year.
Holding firm buys National Life Insurance
by Ted P. Torres - May 9, 2016 - 10:00am
After nearly a decade, closeted National Life Insurance Co. (NLIC) has been acquired by a holding company led by a certain Ricardo Veloso and Ricardo Cuerva.
BPI Philam out to outperform record 2015 premium haul
by Ted P. Torres - May 9, 2016 - 10:00am
With a 35-percent compounded annual growth rate (CAGR) in the past five years, BPI-Philam Life Assurance Corp. (BPI-Philam) has remained ambitious in duplicating, if not surpassing its 2015 premium income uptak...
BPI launches 8 indices
by Ted P. Torres - May 9, 2016 - 10:00am
The Bank of the Philippines Islands (BPI) is the first domestic financial institution to offer financial market indices, accessible not only for the domestic market but also for the global financial market.
China Bank taking more aggressive stance
by Ted P. Torres - May 8, 2016 - 10:00am
After a modest 11-percent growth in its loan portfolio, China Banking Corp. will take a more aggressive stance this year, without losing grip at the quality lending norms it took last year.
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