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PBCom profit drops 8.4 percent in 3 months
Philippine Bank of Communications posted a net income of P496 million in the first quarter of the year, down by 8.4 percent from a year ago due to higher operating expenses......»»
Banks reap P92 billion profit in 3 months
Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»
DMCI profit shrinks 25% to P5.6 billion in Q1
Earnings of diversified engineering conglomerate DMCI Holdings Inc. fell by a quarter in the first three months as a result of lower contributions from most of its businesses......»»
Jobless Pinoys increase to 2.04 million; employment drops by 96%
he number of jobless Filipinos has once again surged in April 2024, registering a 4.0% unemployment rate, the Philippine Statistics Authority reported on Thursday......»»
BSP Reports 2.6% Increase in Overseas Remittances
According to a recent report by the Bangko Sentral ng Pilipinas (BSP), personal remittances from Overseas Filipinos (OFs) saw a 2.6% rise in March 2024 compared to the same period last year. This year’s remittances surged from USD 2.97 billion in March 2023 to USD 3.05 billion, marking a 2.6% increase. BSP attributes this growth […].....»»
Zaragosa, Sarines show way with 74s
Precious Zaragosa and Mona Sarines surged to the top of the leaderboard in the girls’ 11-14 category in the Junior Philippine Golf Tour, carding two-over 74s for a five-stroke lead at the Splendido Taal Golf Club here Tuesday......»»
Zaragosa, Sarines share JPGT lead
Precious Zaragosa and Mona Sarines surged to the top of the leaderboard in the girls’ 11-14 category in the Junior Philippine Golf Tour, both carding two-over 74s to seize a five-stroke lead in the 54-hole tournament......»»
Cebu Landmasters reports P6.235 billion revenue for Q1 2024
During the annual stockholder’s meeting on Friday, Jose Franco Soberano, the firm’s senior executive vice president, said that the company's first-quarter revenue in 2024 surged by 31%, reaching P6.235 billion from P4.777 billion last year......»»
Over 2,000 riders to test mettle in Shopwise bikefest
The Shopwise Bike Fest has surged with overwhelming anticipation, drawing in more than 2,000 eager participants a full eight days prior to its inaugural staging on May 19 at Vermosa Sports Hub in Imus City, Cavite......»»
BOJ actions fuel yen’s biggest rally
The Japanese yen surged 3.39 percent against the US dollar last week. .....»»
Saso falters at the finish, settles for 70
Yuka Saso surged forward on moving day but encountered setbacks down the stretch, carding a 70 Saturday (Sunday Manila time) to all but bow out of contention in the Chevron Championship heading to a wild finish at the Woodlands in Texas......»»
$100 oil?
Oil prices surged to five-month highs due to rising tensions in the Middle East......»»
MPBL: Paranaque thwarts Manila; Rizal stuns Pampanga
The Paranaque Patriots surged ahead in the second quarter then weathered a fiery comeback by Manila SV Batang Sampaloc to prevail, 82-78......»»
Daily Guardian: Asian Stocks Rise Before Key US Inflation Data
Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»
COMMENTARY | Strategies for powering progress: The Visayas energy imperative
As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»
‘Hijack profile’ scams spike in February – PNP-ACG
Cases of “hijack profile” scams surged last month, the Philippine National Police’s Anti-Cybercrime Group reported on Monday......»»
Exporting our people
Exporting people has become a major industry for low- and middle-income countries. According to the World Bank, the amount of money sent home by migrant workers surged to an expected $794 billion in 2022......»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
COMMENTARY | Strategies for powering progress: The Visayas energy imperative
As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»
Inflation rises 3.4% in February, ending 4-month decline
The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»