We are sorry, the requested page does not exist
URC income down in 2023
Gokongwei-led snack foods giant Universal Robina Corp. saw its net income decline in 2023 despite maintaining strong sales......»»
Covid lowered life expectancy by 1.6 years worldwide — study
COVID-19 caused the average life expectancy of people worldwide to fall by 1.6 years during the first two years of the pandemic, a more dramatic decline than previously thought, a major study said Tuesday. This marked a sharp reversal during a decades-long rise in global life expectancy, according to hundreds of researchers sifting through data.....»»
Banks’ bad loans ratio highest in 8 months
The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»
‘Palay, rice prices to decline as harvest season peaks’
Palay and rice prices are expected to continue going down with the peak harvest season, according to farmers’ group Federation of Free Farmers......»»
Philippines dollar reserves slip to $102.67 billion
The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»
Stocks retreat on hawkish Fed, BSP rate signals
Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»
Inflation quickens to 3.4 percent in February
Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»
Inflation halts 4-month decline
Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»
Factory gate prices decline in January
Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»
‘China destroyed 21,000 acres of West Philippine Sea coral reefs’
The country faces a decline in fisheries production amid reports that China has destroyed at least 21,000 acres of coral reefs in the West Philippine Sea an expert from the University of the Philippines-Marine Science Institute warned yesterday......»»
Nvidia exceeds expectations with strong results and forecasts as China sales decline significantly
Nvidia (NVDA) Exceeds Expectations with Strong Fourth-Quarter Earnings Graphics chip giant Nvidia (NVDA) has reported fourth-quarter earnings that surpassed analysts’ expectations, both on the top.....»»
Fuel prices in Cebu City gas stations as of Feb. 13
CEBU CITY, Philippines — Motorists this week can expect a slight relief after fuel prices decreased with the implementation of a rollback on February 13, Tuesday. Local oil firms announced in separate advisories that the price of gasoline will decline by P0.60 per liter, diesel by P0.10 per liter, and kerosene by P0.40 per liter......»»
Angat Dam’s water level continues to decline
The water level in Angat Dam dipped further to 208.92 meters yesterday due to the El Niño phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»
BSP to keep policy stance sufficiently tight
Despite the slowdown in the rise in consumer prices in the past four months, monetary authorities deem it necessary to keep monetary policy settings sufficiently tight until there is sustained decline in inflation......»»
‘Cagayan town peanut production declining’
Enrile town in this province may lose its title as the peanut capital of the country amid the decline in production......»»
Monde Nissin guides single-digit decline in Q4 meat alternative sales
Monde Nissin put out a press release to tease a patchwork of FY23 and Q4 metrics......»»
Rice stocks down 25 percent in December – PSA
The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»
Domestic demand likely softened in 2023
The Philippines is expected to have experienced a softening in domestic demand toward the end of 2023 due to a decline in consumer confidence and savings, according to UK-based think tank Pantheon Macroeconomics......»»
Trade gap widens to $4.69 billion in November
The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»