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Fueling economic growth
Real estate, particularly residential properties, contributes significantly to this growth due to Davao's geographic viability......»»
Vivamax hits 11 million subscribers, sees overseas growth
Filipino streaming app Vivamax has surpassed 11 million subscribers three years since it was launched at the height of the pandemic in early 2021. It has also seen “surprising” subscription growth in overseas markets, particularly Indonesia, Malaysia and Singapore. .....»»
Faster GDP growth seen in 2nd quarter
he country’s gross domestic product growth will likely accelerate to 5.9 percent in the second quarter from 5.7 percent in the first quarter, supported by high employment, government spending and within-target inflation, according to First Metro Investment Corp. and University of Asia and the Pacific......»»
Philippine lags in ASEAN credit growth indicators
The country’s credit growth is seen declining over the next two quarters, compared to its Association of Southeast Asian Nations peers, Bank of America Global Research said in a report......»»
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
With clean balance-sheet Indian Banking sector has enough opportunity for growth: K V Kamath
New Delhi [India], May 17 (ANI): India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing InfrastructureDevelopment in an interview with ANI. He also pointed out that after the government has solved the problems of NPA (Non-Performing Asset) in India and India's banking sector has come out of the twin balance sheet problem so now.....»»
Speaker to BIR: Economic growth rests on hitting targets
Speaker Martin Romualdez urged the Bureau of Internal Revenue to ensure that the tax agency hits its targets this year, emphasizing that “hitting revenue targets means the government can fund its spending program, which will enable growth.”.....»»
Puregold sees sustained growth this year
Puregold Price Club Inc., the flagship retail chain of businessman Lucio Co, is optimistic on sustained revenue growth this year after ending the first quarter with positive financial results......»»
Philippine economy expands 5.7% in Q1
MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s target and slower than the 6.4 percent growth recorded in the same period last year. The Marcos administration.....»»
PNB books 10.4% growth in Q1 income
Philippine National Bank of tobacco and airline magnate Lucio Tan booked a 10.4-percent increase in earnings to P5.31 billion in the first quarter from a year-ago level of P4.81 billion, boosted by core business growth and lower credit provisions......»»
SMC, SMIC Phl growth drivers
The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years......»»
ACMobility gears up for growth
ACMobility, formerly AC Motors, is gearing up for growth in a bid to supercharge the country's electric vehicle transition......»»
Mikee kay Paul: ‘Grabe ‘yung growth niya, parang 10 years tinanda niya…’
AYON sa Kapuso star na si Mikee Quintos, malaki na ang ipinagbago ng kanyang boyfriend na aktor na si Paul Salas, lalo na pagdating sa pagiging seloso nito. Ito ang naikuwento mismo ni Mikee nang makachikahan siya sa podcast interview ng “Updated with Nelson Canlas.” “Rapid nga ‘yung growth niya since I met him,” chika.....»»
IMF revised our projected FY24 GDP growth to 6.2%
The International Monetary Fund fine-tuned its projection for our FY24 GDP growth yesterday, increasing it from 6.0% to 6.2%......»»
AI to ‘positively impact’ contact center’s growth
AI to ‘positively impact’ contact center’s growth.....»»
NEDA says 6 percent Q1 growth possible
A six percent economic growth in the first quarter is possible given developments in the labor market and lower inflation, according to the National Economic and Development Authority......»»
Loan growth climbs to 9-month high in February
Loan growth further accelerated for the third straight month in February, growing by 8.6 percent from 7.8 percent in January, according to the Bangko Sentral ng Pilipinas......»»
NEDA chief sees 2015 growth at 6% despite typhoons
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»
Philippines manufacturing output sustains growth in February
MANILA, April 12 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in February, the Philippine Statistics Authority (PSA) said Friday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 7.5 percent and 8.9 percent in February, respectively. The.....»»
Alfamart accelerates growth with more aggressive expansion
Alfamart, the minimart chain of the SM Group, is embarking on a more aggressive growth as it ramps up store expansion starting this year......»»