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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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+......»»
‘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......»»
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......»»
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......»»