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China Bank nets record P22 billion
Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023......»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
China launches Southeast Asia outreach amid tensions with Philippines
Taipei, Taiwan - China launched a fresh round of diplomatic outreach to Southeast Asia this week, as Chinese leader Xi Jinping met with Indonesian President-elect Prabowo Subianto Monday and foreign ministers from Laos, Vietnam and East Timor began to arrive in Beijing Tuesday.The diplomatic charm offensive comes amid territorial disputes between China and the Philippines in the South China Sea, and efforts by t.....»»
China says Philippines ignored South China Sea proposal as tensions rise - BBC.com
China says Philippines ignored South China Sea proposal as tensions rise BBC.com.....»»
Steps taken by China in South China Sea destabilizing – US
Steps taken by China in the South China Sea that were coercive and against international law are “destabilizing” and “deeply unacceptable,” a ranking State Department official said yesterday......»»
China’s first homegrown airliner makes international debut in Singapore
SINGAPORE – China’s challenger to Airbus and Boeing’s passenger jets, the narrow-body C919 manufactured by the Commercial Aircraft Corporation of China (COMAC), has made its first trip outside Chinese territory, staging a fly-by at the Singapore Airshow on Sunday. China has invested heavily in its attempt to break the hold of the dominant two Western.....»»
China 'Pushes the Boundaries' with its expanding borders
Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»
China 'Pushes the Boundaries' with its expanding borders
Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»
China Says Philippine Vessel Illegally Landed on Disputed Atoll
SHANGHAI - China said Saturday a small civilian vessel from the Philippines had 'illegally placed itself on the beach' of an atoll in the South China Sea that both countries claim.The vessel, which landed on the Spratly Islands atoll on Friday, was there for supply purposes, the China coast guard posted on the Weixin platform.The Philippines' coast guard, national security council and foreign ministry did.....»»
China Says Philippine Vessel Illegally Landed on Disputed Atoll
SHANGHAI - China said Saturday a small civilian vessel from the Philippines had 'illegally placed itself on the beach' of an atoll in the South China Sea that both countries claim.The vessel, which landed on the Spratly Islands atoll on Friday, was there for supply purposes, the China coast guard posted on the Weixin platform.The Philippines' coast guard, national security council and foreign ministry did.....»»
China: Carmakers Implicated in Uyghur Forced Labor
VOICEOVER:Do you have a car? If so, then parts of your car could be made with forced labor from China. Let's explain how. The first thing you need to know is that factories in China make the most cars in the world.Major brands such as General Motors, Tesla, BYD, Toyota, and Volkswagen manufacture and sell cars in China. .....»»
China ‘appreciates’ Marcos Jr. affirmation of one-China policy
China is pleased with the Philippines’ reaffirmation of commitment to the one-China policy, as articulated in a media interview by President Marcos who also stressed he was not endorsing Taiwan independence......»»
Philippines to improve 9 of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
Philippines to enhance habitability of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
China slams Germany for meddling in South China Sea row
Insisting anew on its claim of owning almost the entire South China Sea China has lashed back at other non-Association of Southeast Asian Nations countries allegedly meddling in the maritime disputes of the region......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
SSS taps Metrobank to manage P1.5 billion fund
Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»
RCBC Trust’s AUM hits P161 billion in February
The trust and investment management arm of Yuchengco-led Rizal Commercial Banking Corp. saw its assets under management hit more than P161 billion as of February, as the number of its institutional clients grew significantly......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»