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Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
MPBL: Paranaque thwarts Manila; Rizal stuns Pampanga
The Paranaque Patriots surged ahead in the second quarter then weathered a fiery comeback by Manila SV Batang Sampaloc to prevail, 82-78......»»
CREC targets market debut in May
Citicore Renewable Energy Corp. is pushing through with its public listing in the second quarter, but has downsized the planned initial public offering by about P5 billion......»»
Government sets P585 billion borrowings in Q2
The government is set to borrow P585 billion from the domestic market in the second quarter amid hopes of more favorable interest rates here and abroad......»»
Gin Kings spill Fuel Masters for back-to-back wins
Barangay Ginebra waxed hot in the third quarter and ran away with their second straight win in the PBA Philippine Cup at the expense of the Phoenix Fuel Masters, 102-92, at the Smart Araneta Coliseum on Sunday......»»
‘Inflation uptick far from over’
The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»
BSP to keep policy stance unchanged
Monetary authorities may keep the benchmark interest rates unchanged in the near term as inflation quickened for the first time in five months, and could accelerate further to above the two to four percent target in the second quarter......»»
LeBron James becomes first player to score 40,000 points
LOS ANGELES (Reuters) – LeBron James on Saturday became the first NBA player to score 40,000 career points, hitting a scoop layup off the glass in the second quarter of the Los Angeles Lakers home game against the Denver Nuggets. James, who entered the game needing nine points to reach the milestone, used a spin.....»»
Beermen head to semis
With a fiery third-quarter assault, second seed San Miguel Beer surged ahead of No. 7 Rain or Shine and took the express lane to the PBA Commissioner’s Cup semifinals......»»
Chie Filomeno keeps things low-key with Jake Cuenca
It was last year that Chie Filomeno confirmed that she is dating fellow actor Jake Cuenca, and so far, she said they are happy. .....»»
Treasury sells P22.7 billion T-bonds on partial award
The government managed to raise P22.7 billion in a fresh issuance of long-term securities as rates picked up after the peso slid to an almost two-year low......»»
VMC net income tumbles on low sugar prices
Low sugar prices and output dragged the earnings of listed sugar miller Victorias Milling Co. Inc. by more than a third in the first half of its current crop year......»»
Low subsidy forces LRTA to cut budget for train rehab
The Light Rail Transit Authority is cutting its budget for the restoration of trains to make the most of the lower subsidy given to the agency this year......»»
Cebu Pacific adds 3 aircraft in Q1
Low-cost carrier Cebu Pacific has received another aircraft, its third for the year, leaving the airline with 14 more to accept for the rest of 2024 as it fortifies its fleet in the face of supply issues......»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
Cebu Pacific s 28th anniversary seat sale begins at P199
Cebu Pacific is ringing in its 28th year by offering deals on flights, with prices as low as P199 in one-way base fare. .....»»
Parents worried over earlier end of classes this year, citing days of missed classes due to weather
DAVAO CITY (MindaNews / February 25) – Parents here are worried over the announcement of an earlier end of classes this schoolyear – May 31 instead of June 14 – citing days of missed classes due to heavy rains brought about by the shear line and trough of a low pressure area. Bebang Miloy, 37, […].....»»
Banks’ bad loans swell in 2023
The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»
Cebu Pacific shelves plans for Saudi, China flights
Low-cost carrier Cebu Pacific is focusing its international expansion within East and Southeast Asia this year, shelving plans of launching flights to Saudi Arabia and reopening trips to Beijing as supply issues shake the airline......»»