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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.”.....»»
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......»»
Japanese furniture retailer Nitori opens store in Philippines
Japanese furniture retailer Nitori has opened its store in the Philippines, making it the first major investment to be made following the government’s move to amend the Retail Trade Liberalization Act......»»
FLI donates furniture to Viscom intel office
FLI donates furniture to Viscom intel office.....»»
Urbanization fuels high demand for furniture
Urbanization fuels high demand for furniture.....»»
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......»»
SSS Surpass 2023 Revenue Target by 9.5%
The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»
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......»»
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.....»»
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.....»»
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......»»
Health targets will deliver better outcomes for New Zealanders
The coalition Government's commitment to five key health targets will drive better outcomes for all New Zealanders, in the concluding announcement to its 100 day plan.Health Minister Dr Shane Reti announced the targets in Whangrei, saying they represented a vigorous new direction in health from a Government determined to deliver for all New Zealanders. "These five.....»»
Nickel Asia sets net zero targets
Mining firm Nickel Asia Corp. is strengthening its commitment toward sustainability as it submitted its emissions reduction targets to the global Science Based Targets Initiative......»»
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......»»
Digital times call for digital measures
The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»
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......»»
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......»»
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......»»
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......»»
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 […].....»»