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Fees emerge as revenue source as banks book lower profits

Security Bank and RCBC profits went down, while that of PNB went up in the first quarter......»»

Source: philstar philstarCategory: finance8 hr. 37 min. ago Related News

Foreign debt entry boosts reserves stock anew in April

Buffer funds still below the historic high of $110 billion, but are forecast to breach that level nonetheless by yearend......»»

Source: philstar philstarCategory: finance8 hr. 37 min. ago Related News

Shell posts first profit as full-fledged oil importer

Mobility prohibitions continued to hamper company operations, but there were gains in asphalt and grease for construction......»»

Source: philstar philstarCategory: finance8 hr. 37 min. ago Related News

Meralco enters Memorandum of Understanding with DILG, PNP and BFP

Powered by the common mission of ensuring public safety and the continuous conveyance of electricity, a Memorandum of Understanding (MOU) was signed by Meralco, DILG, PNP and BFP......»»

Source: philstar philstarCategory: finance8 hr. 37 min. ago Related News

The social media imperative

Last week I wrote about how Duterte has been gaslighting us all along. My guest columnist, Liana Romulo, explains how social media is being used to perpetuate these false narratives or in several instances, to present a counter-narrative......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Grab expands cloud kitchen concept

Grab has expanded its cloud kitchen concept, adding two new locations as part of the company’s efforts to bring convenience to customers and help more restaurants grow......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Robinsons Bank allots P1 billion for capex

Robinsons Bank Corp. has earmarked close to P1 billion for its capital expenditures this year, particularly to finance information technology-related projects amid the shift in consumer behavior due to the COVID-19 pandemic......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Info handlers to be fined for data privacy breaches

The National Privacy Commission will penalize personal information controllers or processors from the private sector for data privacy violations......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

PNB profit rises 34% as loan loss provisions tumble

Philippine National Bank earned P1.79 billion or 34 percent more in the first quarter amid lower provisions for potential loan losses as the country recovers from the pandemic-induced recession......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Philippines to import more rice next year

The Philippines is projected to import more rice next year to meet the rising demand for the commodity, according to the United States Department of Agriculture......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

BSP backs changes to Agri-Agra Law

Further amendments to the mandated loan threshold for the agriculture and agrarian reform activities will push the country into the next stage of development post-pandemic, according to the Bangko Sentral ng Pilipinas......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Jollibee swings to P153 million profit in Q1

Jollibee Foods Corp., the listed Asian food conglomerate, reported a net income of P153 million in the first quarter, a reversal of the P1.7 billion net loss a year ago......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Loans to MSMEs under CSF near P7 billion

Loans released to micro, small and medium enterprises under the credit surety fund are now nearing P7 billion, according to the Bangko Sentral ng Pilipinas......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Mega vax center

It is a tempest in a teapot. I am not a fan of this administration’s COVID response. But when they want to do something right, we should cheer them on......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Philippines, UK discuss possible RE investments

The Philippines and the British government are now in talks for possible investments in the renewable energy sector in the country, according to the Department of Finance......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Meralco unit starts operations of Bulacan solar power plant

Meralco Powergen Corp. has renamed its first solar investment to BulacanSol as it commenced commercial operations to provide the Luzon grid with clean and renewable power......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Ready, set, Go+ with Globe’s new prepaid promos

Globe has rolled out new offers that equip everyone to fill that gap with the newest prepaid promos, Go+......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

‘Faster vaccine shots, business reopening crucial to jobs recovery’

The Philippines risks losing gains made in recovering jobs lost during the pandemic if it fails to accelerate the vaccination program and resume economic activities on all fronts, economists said yesterday......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Philippines remittance cost among lowest – World Bank

Sending money to the Philippines remains among the cheapest globally, benefiting an economy reliant on remittances sent by overseas Filipino workers, the World Bank said......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News

Philippines entry into CPTPP gets NZ support

The Philippines has secured the support of New Zealand for its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership......»»

Source: philstar philstarCategory: finance22 hr. 7 min. ago Related News