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UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
Landbank sees 2-digit earnings this year
Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
Security Bank expects higher profit in 2024
Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»
CNPF net income up by 12 percent in 2023
Century Pacific Food Inc., the Po family’s listed food and beverage firm, overcame headwinds from inflationary environment last year to finish with a double-digit profit growth, driven by a strong performance of its branded business......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
Jarrett Allen makes Cavs history in win over Magic
Jarrett Allen set a franchise record with his 12th consecutive double-double, scoring 14 points and grabbing 11 rebounds as the Cleveland Cavaliers rolled to a 126-99 road blowout of the Orlando Magic on Monday. Allen surpassing Elmore Smith and Andre Drummond — with whom Allen was tied for the Cavaliers’ double-double mark coming into the.....»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
Health targets will deliver better outcomes for New Zealanders
The coalition Government's commitment to five key health targets will drive better outcomes for all New Zealanders, in the concluding announcement to its 100 day plan.Health Minister Dr Shane Reti announced the targets in Whangrei, saying they represented a vigorous new direction in health from a Government determined to deliver for all New Zealanders. "These five.....»»
Nickel Asia sets net zero targets
Mining firm Nickel Asia Corp. is strengthening its commitment toward sustainability as it submitted its emissions reduction targets to the global Science Based Targets Initiative......»»
Recto sets sights on ‘more realistic’ targets
Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
Monde Nissin sees sales, earnings growth in 2023
Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»
Fertilizer imports hit 3-year high in 2023
Fertilizer imports last year expanded by almost a fifth to a three-year high of over 2.5 million metric tons as global prices of the farm input declined at a double-digit pace......»»
Addressing the Philippines’ 2024 Threat Landscape: Kaspersky Launches KUMA Platform
To help Filipino businesses and organizations stay safe in cyberspace while embracing digitalization, Kaspersky announces today the launch of Kaspersky Unified Monitoring and Analysis Platform (KUMA), its integrated software solution that includes a set of functions for security information and event monitoring and management. The Philippines is expected to continue its double-digit growth towards $35B […].....»»
Lotto, digit games suspended over Holy Week – PCSO
Lotto and other digit games will be suspended from Maundy Thursday to Easter Sunday, March 28 to 31, in observance of Lent, the Philippine Charity Sweepstakes Office announced yesterday......»»
Triple-double party: Doncic, Jokic all-around threats in big wins
Luka Doncic celebrates his 25th birthday with his 67th career triple-double with the Mavs as Nikola Jokic continues to make another MVP case, tallying his fourth straight and 19th overall triple-double for the Nuggets this season.....»»
Victor Wembanyama logs triple-double in Spurs win over Raptors
Victor Wembanyama became the first rookie in nearly 34 years to have a triple-double with blocked shots, leading the visiting San Antonio Spurs to a 122-99 victory over the Toronto Raptors on Monday night. READ MORE: Wembanyama targets playoff berth for Spurs in first season Wembanyama amassed 27 points, 14 rebounds and a career-best 10.....»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
NBA: James triple-double pulls Lakers past Grizzlies
LeBron James returned from a one-game absence to post a 23-point triple-double on Wednesday and lead the Los Angeles Lakers to a 136-124 NBA victory over the Memphis Grizzlies. James sat out the Lakers’ come-from-behind double-overtime victory over the Milwaukee Bucks on Tuesday with a sore left ankle. READ: NBA: Giannis tows Bucks over Thunder .....»»