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Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
ASF vaccine available by yearend
The wait for the vaccine for African swine fever (ASF), which has decimated over three million pigs in the country, would be over within the year, according to Agriculture Secretary Francisco Tiu Laurel Jr......»»
SMIC eyes 60 new Goldilocks stores
SM Investments Corp. is poised to put up more Goldilocks stores nationwide this year to bring its total store count to 986 by yearend......»»
‘BSP ready to mitigate excessive peso volatility’
Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»
BPI profit hits record high P51.7 billion in 2023
“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»
[The Slingshot] Paolo Duterte’s scandalous P51 billion
'Where did that huge stash of money go? It is a question that each Duterte in public service is unwilling to answer.'.....»»
NGCP holds ceremonial switch-on for P51 billion Mindanao-Visayas Interconnection
The completion of the 450-megawatt Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines will unlock enormous socio-economic opportunities in the two regions, President Marcos said yesterday......»»
Mavy Legaspi sees no problem with Darren Espanto, Kyline Alcantara shipping
Kapuso actor Mavy Legaspi sees no problem with former love team partner Kyline Alcantara being "shipped" or teased with Darren Espanto......»»
‘Long ways to go’: Cone still sees room for improvement after Gilas rout
Coach Tim Cone sees both the good and the bad in Gilas Pilipinas' 30-point demolition of Hong Kong at the start of the FIBA Asia Cup Qualifiers.....»»
Extreme heat closing schools, widening learning gaps worldwide
Hena Khan, a ninth-grade student in Dhaka, Bangladesh, has struggled to focus on her studies this week as temperatures surpassed 40 degrees Celsius (104 degrees Fahrenheit) in the capital city.'There is no real education in schools in this punishing heat,' she said. 'Teachers can't teach, students can't concentrate. Rather, our lives are at risk.'Khan is one of more than 40 million students who have been.....»»
Malixi ties for 2nd in Royal Junior
Rianne Malixi failed to mount a final round charge and ended up joint second with a 75 as Saito Aisa rolled to a three-stroke victory with a closing 72 in The Royal Junior tournament in Ibaraki, Japan......»»
Robert Downey Jr. would happily reprise Iron Man for Marvel
Newly minted Oscar winner Robert Downey Jr. is not entirely closing the doors on returning to the Marvel Cinematic Universe as his iconic character Tony Stark and the hero Iron Man......»»
Robert Downey Jr. would happily reprise Iron Man for Marvel
Newly minted Oscar winner Robert Downey Jr. is not entirely closing the doors on returning to the Marvel Cinematic Universe as his iconic character Tony Stark and the hero Iron Man......»»
Market extends losses as inflation quickens
The stock market extended its losing streak yesterday, closing the week in the red as inflation accelerated for a second straight month in March......»»
Rare 4-shot swing keys Ababa’s rise to the top
Sarah Ababa staged an amazing comeback, erasing a daunting four-stroke deficit in just one-hole and leveraging that pivotal moment to propel herself to victory in the ICTSI Apo Golf Classic, ending a prolonged drought on the Ladies Philippine Golf Tour with a closing 73......»»
Uptrend Continues as Dow and S& P 500 Reach New Highs: Live Updates
The S&P 500 reached another milestone on Friday, closing at a record high of 5,088.80, marking a slight increase of 0.03%. This stabilization in the.....»»
‘The restrictive economic provisions in Constitution’ (Conclusion)
In closing, I have listened intently to what some members of the Senate said in connection with the issue of amending the restrictive provisions of the Constitution......»»