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UnionBank to scale up retail business this year

Union Bank of the Philippines is further growing its retail business and enhancing its profitability this year, along with unlocking the full potential of the acquired consumer segment of Citi and maintaining the growth of its digital bank......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

DALI gears up for expansion

The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Rescuers recover another body in southern Philippine landslide

MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Rescuers recover another body in southern Philippine landslide

MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Women lawmakers to preside over today’s House session

Women officials and members of the House of Representatives will be presiding over today’s session, in celebration of Women’s Month and in accordance with the internal rules of the chamber......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

EDITORIAL - Foreign trade barriers

Instead of declaring war on pollster Pulse Asia over its latest survey showing 88 percent of Filipinos opposing Charter change, congressmen can read the report of the office of the US Trade Representative, which details foreign trade barriers in 59 markets including the Philippines......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

‘Trade with China should continue’

The Philippines should continue to pursue stronger trade ties with China despite rising tensions in the West Philippine Sea, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. and the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

NZ-EU FTA gains Royal Assent for 1 May entry to force

The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union.   "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Malaysia holds historic biz market footprint in city

CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»

Category: newsSource:  sunstarRelated NewsMar 12th, 2024

British chamber remains optimistic on UK-Philippines trade growth

With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

French Farmers Protest Unfair Competition in EU Free-Trade Agreements

French Farmers Protest Against Unfair Trade Agreements Imposed by EU French farming unions have taken to the streets to protest against free-trade agreements imposed by.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Trade deficit narrows to $4 billion in December

The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Philippines eyes $3.82 million sales from German trade fair

The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Packaging trade show to support MSME development efforts – DTI

The Regional Operations Group of the Department of Trade and Industry expressed support for the upcoming ProPak Philippines trade show, emphasizing its potential to offer opportunities for innovation and improvement in product processing and packaging to micro, small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Philippines total external trade drops by 5.4 pct in November

MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

NCR construction material price growth eases in March

Retail prices of construction materials in Metro Manila went up at its slowest pace in more than four years in March, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Number of jobless Filipinos eases in February

The number of unemployed Filipinos decreased in the second month of 2024, posting an unemployment rate of 3.5%, the Philippine Statistics Authority reported on Thursday......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Factory activity eases in March

The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

Banks’ NPL ratio eases to 3.41 percent in November

The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024