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SM conglomerate optimistic on growth prospects for 2024
Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion 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......»»
Unilever bullish on Philippine growth prospects
Unilever Philippines is optimistic of sustaining robust growth this year as it aims to grow its business faster than the country’s gross domestic product......»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
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......»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
JAZA upbeat on Philippines growth prospects
Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»
South Korea cautiously optimistic about US-Japan military upgrades
WASHINGTON - South Korea is cautiously optimistic about alliance upgrades that the U.S. and Japan have planned to bolster security in East Asia and the Indo-Pacific region.A South Korean Foreign Ministry spokesperson said the ministry "noted" that the U.S. and Japan, at their summit in Washington last week, spoke of "the defensive nature of the U.S.-Japan alliance" and emphasized "peace and stability" in the reg.....»»
Alvarez very optimistic about NIR Law
Alvarez very optimistic about NIR Law.....»»
Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration
Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration.....»»
DMCI Holdings cautiously optimistic for 2024
The Consunji Group is taking a cautiously optimistic outlook for this year......»»
Eat Bulaga ng TVJ pinadapa ng It’s Showtime sa unang pag-ere sa GMA
KINABOG nang bonggang-bongga ng “It’s Showtime” sa ratings game ang “Eat Bulaga” sa naging bakbakan nila nitong nagdaang Sabado, April 6. Waging-wagi ang unang pag-ere ng noontime show ng ABS-CBN sa GMA 7 matapos itong makapagtala ng 9.6% Agrregated Ratings mula sa AGB Neilsen NUTAM (GMA-7, GTV, A2Z, at Kapamilya Channel). Ang “Eat Bulaga” naman.....»»
PBBM, Sara approval ratings drop
PRESIDENT Ferdinand “Bongbong” Marcos Jr.’s and Vice-President Sara Duterte’s performance ratings decreased in March 2024, based on the survey results released by two various polling firms......»»
PBBM, Sara approval ratings drop
PRESIDENT Ferdinand “Bongbong” Marcos Jr.’s and Vice-President Sara Duterte’s performance ratings decreased in March 2024, based on the survey results released by two various polling firms......»»
PBBM, Sara approval ratings drop
PRESIDENT Ferdinand “Bongbong” Marcos Jr.’s and Vice-President Sara Duterte’s performance ratings decreased in March 2024, based on the survey results released by two various polling firms......»»