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Figaro confirms capex and double-digit growth target

Figaro confirmed statements made by its chairman, Justin Liu, in an interview with Manila Bulletin......»»

Category: financeSource: philstar philstarMay 22nd, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Figaro income up in 6 months

Improvement in volume from store expansion and opening boosted the earnings of Figaro Coffee Group Inc. (FCG) in the first half of its current fiscal year......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Figaro quarterly profit up 7% y/y (121% q/q)

Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Tesla sales booming in Ukraine - Le Figaro

Purchases of electric vehicles have surged tenfold over the past two years, according to the outlet   Ukraine is experiencing a "surprising boom" in electric vehicles that has seen purchases surge almost tenfold compared to pre-conflict levels, Le Figaro reported on Monday. Tesla vehicles are particular.....»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Landbank sees 2-digit earnings this year

Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

DITO confirmed that it is scaling back capex in 2024

DITO CME confirmed a report in the Manila Times that its 2024 “capex guidance will be tempered a bit” from its 2023 capex spending of P27 billion......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Cosco posts 2-digit jump in Q1 earnings

Robust revenues fueled a double-digit increase in the earnings of Lucio Co’s listed retail holding firm Cosco Capital Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Jarrett Allen makes Cavs history in win over Magic

Jarrett Allen set a franchise record with his 12th consecutive double-double, scoring 14 points and grabbing 11 rebounds as the Cleveland Cavaliers rolled to a 126-99 road blowout of the Orlando Magic on Monday. Allen surpassing Elmore Smith and Andre Drummond — with whom Allen was tied for the Cavaliers’ double-double mark coming into the.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Davies Paint’s Buhawe logs double-double game to beat Landlite

CEBU CITY, Philippines — John Terrence Buhawe carried Davies Paint on his back as they narrowly beat Landlite, 58-55, in the Cebu Architects Basketball Club (CABC) 6th Corporate Cup, on Sunday, April 28, at the Benedicto College Cebu City gymnasium. Buhawe erupted for a double-double performance to give Davies Paint a much-needed win to stay.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Addressing the Philippines’ 2024 Threat Landscape: Kaspersky Launches KUMA Platform

To help Filipino businesses and organizations stay safe in cyberspace while embracing digitalization, Kaspersky announces today the launch of Kaspersky Unified Monitoring and Analysis Platform (KUMA), its integrated software solution that includes a set of functions for security information and event monitoring and management. The Philippines is expected to continue its double-digit growth towards $35B […].....»»

Category: newsSource:  metrocebuRelated NewsMar 21st, 2024

Lotto, digit games suspended over Holy Week – PCSO

Lotto and other digit games will be suspended from Maundy Thursday to Easter Sunday, March 28 to 31, in observance of Lent, the Philippine Charity Sweepstakes Office announced yesterday......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Banking, power, property drive up FDC profit

Strong contributions from the banking, power and property businesses fueled a double-digit earnings growth for Filinvest Development Corp. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

ALLHC seeks dominance in cold storage space

AyalaLand Logistics Holdings Corp., the industrial parks and real estate logistics arm of Ayala Land Inc., has set its sights on becoming a formidable player in the cold storage space with a sustained double-digit growth eyed for the business over the medium-term......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

CNPF net income up by 12 percent in 2023

Century Pacific Food Inc., the Po family’s listed food and beverage firm, overcame headwinds from inflationary environment last year to finish with a double-digit profit growth, driven by a strong performance of its branded business......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

EastWest Bank profit hits P6.1 billion

Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

EastWest Bank sees sustained profit gains

Gotianun-led East West Banking Corp. is targeting to sustain its double-digit income growth this year as it expects higher consumer loan demand, according to its top official......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024

Domestic trade expands 47 percent to P390 billion in Q1

The value of commodities traded within the country posted a double-digit growth in the first quarter, according to the Philippine Statistics Authority (PSA)......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

Security Bank expects higher profit in 2024

Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024